CBIC Revises Tariff Values on Edible Oils, Precious Metals, and Areca Nuts Effective Sept 16:

CBIC Revises Tariff Values on Edible Oils, Precious Metals, and Areca Nuts Effective Sept 16 The Central Board of Indirect Taxes and Customs (Department of Revenue) under the Ministry of Finance recently shared a notification dated September 15, 2025 in exercise of powers granted under Section 14 (2) of the Customs Act, 1962 (52), the Central Board of Indirect Taxes and Customs, being satisfied that it is essential to make the following changes in the notification of the Government of India in the Ministry of Finance (Department of Revenue), dated August 3, 2001, published in the Gazette of India:

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For Table-1, Table-2, and Table-3, the following Tables will be replaced in the said notification:- Table 1:

S.no	Chapter/ heading/ subheading/tariff item	Description of goods	Tariff value (US $ Per Metric Ton)
1	1511 10 00	Crude Palm Oil	1081
2	1511 90 10	RBD Palm Oil	1085
3	1511 90 90	Others – Palm Oil	1083
4	1511 10 00	Crude Palmolein	1100
5	1511 90 20	RBD Palmolein	1103
6	1511 90 90	Others – Palmolein	1102
7	1507 10 00	Crude Soya bean Oil	1167
8	7404 00 22	Brass Scrap (all grades)	5656

Table 2:

S.no	Chapter/ heading/ subheading/tariff item	Description of goods	Tariff value (US $ Per Metric Ton)
1	71 or 98	Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed	1175 per 10 grams
2	71 or 98	Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed	1364 per kilogram
3	71	(i) Silver, in any form, other than medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92;  (ii) Medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92, other than imports of such goods through post, courier or baggage. Explanation. - For the purposes of this entry, silver in any form shall not include foreign currency coins, Jewellery made of silver or articles made of silver.	1364 per kilogram
4	71	(i) Gold bars, other than tola bars, bearing manufacturer’s or refiner’s engraved serial number and weight expressed in metric units;  (ii) Gold coins having gold content not below 99.5% and gold findings, other than imports of such goods through post, courier or baggage. Explanation. - For the purposes of this entry, “gold findings” means a small component such as hook, clasp, clamp, pin, catch, screw back used to hold the whole or a part of a piece of Jewellery in place.	1175 per 10 grams

Table 3:

Chapter/ heading/ subheading/tariff item	Description of goods	Tariff value (US $ Per Metric Ton)
80280	Areca nuts	7463 (i.e., no change)”

Note: The notification will be made effective from September 16, 2025. For complete information, refer to the below-mentioned notification-