The Central Board of Indirect Taxes and Customs (CBIC) on August 25, 2026, issued an amendment to the older notification regarding Customs Tariff Values.
It has amended Notification No. 36/2001-Customs (N.T.) dated August 3, 2001, by substituting Tables 1, 2 and 3 prescribing tariff values for specified imported goods. The tariff values for palm oils, palmolein, crude soybean oil and brass scrap in Table 1 remain unchanged. In Table 2, the tariff value for eligible gold is fixed at US$ 1,500 per 10 grams, while silver remains at US$ 2,097 per kg; the same values apply to the specified categories of gold and silver imports. Table 3 prescribes a tariff value of US$ 11,574 per metric tonne for areca nuts, also unchanged.
The amended notification shall come into force from August 26, 2026.
[Notification No.71/2026-CUSTOMS (N.T.)]
