Tariff Values Fixed for Edible Oils, Brass Scrap, Areca Nut, Gold & Silver.

by preface

August 1, 2025

The CBIC has notified revised tariff values for key imported goods, including edible oils, brass scrap, gold, silver, and areca nuts. These changes are made through substitution of TABLE-1, TABLE-2, and TABLE-3 under the principal notification No. 36/2001-Customs (N.T.).

The revised values are crucial for determining customs duty and are used by importers, customs brokers, and assessment officers to ensure proper valuation.

Updated Tariff Value Tables (Effective 01.08.2025)

Table-1

Sl. No.	Chapter/ heading/ sub-heading/tariff item	Description of Goods	Tariff Value (USD/MT)
1	1511 10 00	Crude Palm Oil	1012
2	1511 90 10	RBD Palm Oil	1035
3	1511 90 90	Others – Palm Oil	1024
4	1511 10 00	Crude Palmolein	1041
5	1511 90 20	RBD Palmolein	1044
6	1511 90 90	Others – Palmolein	1043
7	1507 10 00	Crude Soybean Oil	1120
8	7404 00 22	Brass Scrap (all grades)	5591

Table-2

Sl. No.	Chapter Heading	Description of Goods	Tariff Value
1	71 or 98	Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed	1063 per 10 grams
2	71 or 98	Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed	1224 per kilogram
3	71	(i) Silver, in any form, other than medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92; (ii) (ii) Medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92, other than imports of such goods through post, courier or baggage. Explanation. – For the purposes of this entry, silver in any form shall not include foreign currency coins, jewellery made of silver or articles made of silver	1224 per kilogram
4	71	(i) Gold bars, other than tola bars, bearing manufacturer’s or refiner’s engraved serial number and weight expressed in metric units; (ii) Gold coins having gold content not below 99.5% and gold findings, other than imports of such goods through post, courier or baggage. Explanation. – For the purposes of this entry, “gold findings” means a small component such as hook, clasp, clamp, pin, catch, screw back used to hold the whole or a part of a piece of Jewellery in place	1063 per 10 grams

Note:

“Gold findings” include small components like clasps, hooks, or screws used in jewellery.
Silver/gold coins and medallions are excluded from certain valuation cases, particularly when imported via courier, post, or baggage.

Table 3

Sl. No.	Heading/Tariff Item	Description of Goods	Tariff Value (USD/MT)
1	0802 80	Areca Nuts	6970 (i.e., no change)

📌 Summary of Impact

Edible oil values have increased slightly across all categories.
Gold and silver rates remain under close watch due to global volatility.
Brass scrap valuation updated in line with international scrap metal prices.
Areca nut tariff value remains unchanged, maintaining the current duty structure.

Important Compliance Note:

Importers and customs brokers should ensure that all Bill of Entry declarations from 01st August 2025 reflect the updated tariff values to avoid discrepancies and delays in assessment

Notification Reference: Customs
Notification No. 49/2025-CUSTOMS (N.T.)
31 /07/2025

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