Vanshika verma | May 2, 2026 |
CBIC Amends Customs Tariff Rates and Procedures under Customs Act, 1962
The Central Board of Indirect Taxes and Customs has issued a notification on April 30, 2026, regarding the amendment of customs tariff rates and procedures under the Customs Act, 1962.
The Central Board of Indirect Taxes & Customs (CBIC), using its powers under the Customs Act, 1962, has amended an earlier notification issued in 2001.
The government has made the following changes:
In the said notification for Table 1, the following table will be replaced:
| Sl. No. | Chapter/Heading/Sub-heading/Tariff Item | Description of Goods | Tariff Value (US $ per Metric Tonne) |
| 1 | 1511 10 00 | Crude Palm Oil | 1202 |
| 2 | 1511 90 10 | RBD Palm Oil | 1222 |
| 3 | 1511 90 90 | Others Palm Oil | 1212 |
| 4 | 1511 10 00 | Crude Palmolein | 1227 |
| 5 | 1511 90 20 | RBD Palmolein | 1230 |
| 6 | 1511 90 90 | Others Palmolein | 1229 |
| 7 | 1507 10 00 | Crude Soyabean Oil | 1255 |
| 8 | 7404 00 22 | Brass Scrap (all grades) | 7363 |
For complete information, refer to the official notification:
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