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

CBIC has amended an earlier customs notification under the Customs Act, 1962, replacing tables with updated tariff rates and procedures.

New Changes in Customs Tariff Procedures Announced

Vanshika verma

May 2, 2026

Last update on 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:

About Author

Vanshika verma

Content Writer

Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.