CBIC Amends Customs Tariff Rates and Procedures under Customs Act, 1962:

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.

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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: