CBIC Notifies Changes in Tariff Values Under Section 14 of Customs Act, 1962:

CBIC has notified revised customs tariff values for palm oil, palmolein, gold, silver and areca nuts, effective from January 16, 2026.

CBIC Revises Tariff Values Under Customs Act, 1962

Vanshika verma

Jan 17, 2026

Last update on Jan 17, 2026

CBIC Notifies Changes in Tariff Values Under Section 14 of Customs Act, 1962 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 15, 2026, regarding changes in Customs Tariff Value. The Central Board of Indirect Taxes and Customs, using its powers given by section 14 (2) of the Customs Act, 1962 (52), makes the following changes: The following table will be replaced in the said notification:

Chapter/ heading/ subheading/tariff item	Description of goods	Tariff Value (US $ Per Metric Tonne)
1511 10 00	Crude Palm Oil	1075
1511 90 10	RBD Palm Oil	1084
1511 90 90	Others - Palm Oil	1080
1511 10 00	Crude Palmolein	1088
1511 90 20	RBD Palmolein	1091
1511 90 90	Others - Palmolein	1090
1507 10 00	Crude Soya bean Oil	1173
7404 00 22	Brass Scrap (all grades)	7096

This notification will be effective from January 16, 2026. For complete information, refer to the official notification-

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Vanshika verma

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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.