In exercise of the powers conferred under sub-section (2) of Section 14 of the Customs Act, 1962, the Central Board of Indirect Taxes and Customs (CBIC) has issued a notification amending Notification No. 36/2001-Customs (N.T.) dated 3rd August 2001, to revise the tariff values of certain imported goods.
The revised tariff values for edible oils, brass scrap, gold, silver, and areca nuts have been notified through substitution of Table-1, Table-2, and Table-3 in the parent notification. These values will come into effect from 16th October 2025.
Revised Tariff Values
Table 1 – Edible Oils and Brass Scrap
|
S. No. |
Chapter / Heading / Sub-heading / Tariff Item |
Description of Goods |
Tariff Value (US$ per Metric Tonne) |
|
1 |
1511 10 00 |
Crude Palm Oil |
1123 |
|
2 |
1511 90 10 |
RBD Palm Oil |
1148 |
|
3 |
1511 90 90 |
Others – Palm Oil |
1136 |
|
4 |
1511 10 00 |
Crude Palmolein |
1149 |
|
5 |
1511 90 20 |
RBD Palmolein |
1152 |
|
6 |
1511 90 90 |
Others – Palmolein |
1151 |
|
7 |
1507 10 00 |
Crude Soyabean Oil |
1187 |
|
8 |
7404 00 22 |
Brass Scrap (all grades) |
5889 |
Table 2 – Precious Metals (Gold and Silver)
|
S. No. |
Chapter / Heading |
Description of Goods |
Tariff Value (US$) |
|
1 |
71 or 98 |
Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed |
1327 per 10 grams |
|
2 |
71 or 98 |
Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed |
1663 per kilogram |
|
3 |
71 |
i. Silver, in any form, other than medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92; ii. Medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92, other than imports of such goods through post, courier or baggage. Explanation. – For the purposes of this entry, silver in any form shall not include foreign currency coins, jewellery made of silver or articles made of silver. |
1663 per kilogram |
|
4 |
71 |
i. Gold bars, other than tola bars, bearing manufacturer’s or refiner’s engraved serial number and weight expressed in metric units; ii. Gold coins having gold content not below 99.5% and gold findings, other than imports of such goods through post, courier or baggage. Explanation. – For the purposes of this entry, “gold findings” means a small component such as hook, clasp, clamp, pin, catch, screw back used to hold the whole or a part of a piece of Jewellery in place. |
1327 per 10 grams |
Table 3 – Areca Nuts
|
S. No. |
Chapter / Heading / Sub-heading / Tariff Item |
Description of Goods |
Tariff Value (US$ per Metric Tonne) |
|
1 |
0802 80 |
Areca Nuts |
7142 |
Effect of the Notification:
The tariff values for the listed commodities have been revised upward in view of recent fluctuations in international market prices. These revised values will serve as the reference base for customs valuation effective from 16th October 2025.
Notification Reference: DGFT
Notification No. 42/2025-26
10 /10 /2025