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
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:
This notification will be effective from January 16, 2026.
For complete information, refer to the official 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 |
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.
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.
Studycafe
Delhi, Delhi, India
2143My Recent Articles
- Government Sets 5% GST on Pre-Packaged Fertilisers and Retreaded Tractor Tyres, Retains 18% Rate on Other Used Rubber Tyres from November 1
- Former Tamil Nadu School Education Minister Anbil Mahesh Poyyamozhi Moves Court for Bail, Challenges Arrest in Alleged Rs 100 Crore Private School Fraud Case
- CBIC Clarifies GST Treatment of Export Payments, INR Receipts and Set-Off Transactions
- CBIC Introduces Fresh Guidelines for GST Proceedings, Emphasises Taxpayer Rights, Detailed Notices, Fair Adjudication and Reduction of Unnecessary Litigation
- Share India Securities Discloses Rs 1.18 Lakh Penalty for MWPL Violation, Says No Material Business Impact
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts