CBIC Notifies Changes in Customs Tariff Value for Palm oil, Gold, Silver and Areca nuts; Effective Jan 14:

CBIC Notifies Changes in Customs Tariff Value for Palm oil, Gold, Silver and Areca nuts; Effective Jan 14 The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance (Department of Revenue) recently shared a notification (No. F. No. 467/01/2026-Cus.V) on January 13, 2026, regarding changes in Customs Tariff Value. The Central Board of Indirect Taxes and Customs, in powers given by section 14 (2) of the Customs Act, 1962 (52), makes the following changes:

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The following table will be replaced in the said notification:

Chapter/heading/sub-heading/tariff item	Description of goods	Tariff Value (US $Per Metric Tonne)
1511 10 00	Crude Palm Oil	1077 (i.e., no change)
1511 90 10	RBD Palm Oil	1095 (i.e., no change)
1511 90 90	Others – Palm Oil	1087 (i.e., no change)
1511 10 00	Crude Palmolein	1100 (i.e., no change)
1511 90 20	RBD Palmolein	1103 (i.e., no change)
1511 90 90	Others – Palmolein	1102 (i.e., no change)
1507 10 00	Crude Soya bean Oil	1162 (i.e., no change)
7404 00 22	Brass Scrap (all grades)	6694 (i.e., no change)

Note: This notification will be effective from January 14, 2026. For complete information, refer to the official notification