The Central Board of Indirect Taxes and Customs (CBIC) has revised the tariff-value tables prescribed under the Customs Act, 1962.
The notification substitutes Tables 1, 2 and 3 of the principal tariff-value notification issued in 2001. Significantly, the revised notification retains the existing tariff values for the commodities covered by the three tables.
The notification has been issued under Section 14(2) of the Customs Act, 1962, which empowers the Central Government/CBIC to fix tariff values for imported goods where it considers such action necessary or expedient.
CBIC stated that, having been satisfied that the amendment was necessary and expedient, it was substituting the existing Tables 1, 2 and 3 in Notification No. 36/2001-Customs (N.T.) dated August 3, 2001.
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Tariff Values for Edible Oils and Brass Scrap Remain Unchanged
Under Table 1, the notification continues the existing tariff values for a range of edible oils and brass scrap. The prescribed values are expressed in US dollars per metric tonne.
The tariff value for crude palm oil under tariff item 1511 10 00 remains US$1,211 per metric tonne. For RBD palm oil and other palm oil under the specified tariff headings, the value remains US$1,212 per metric tonne.
Similarly, the tariff value for crude palmolein remains US$1,222 per metric tonne, while RBD palmolein continues at US$1,225 per metric tonne and other palmolein at US$1,224 per metric tonne.
The tariff value for crude soybean oil remains US$1,255 per metric tonne, while brass scrap of all grades under tariff item 7404 00 22 continues at US$7,639 per metric tonne. The notification expressly describes these figures as “no change,” confirming that the existing values have been carried forward.
Table 1: Continued Tariff Values
| Commodity | Tariff Value |
| Crude Palm Oil | US$1,211/MT |
| RBD Palm Oil | US$1,212/MT |
| Other Palm Oil | US$1,212/MT |
| Crude Palmolein | US$1,222/MT |
| RBD Palmolein | US$1,225/MT |
| Other Palmolein | US$1,224/MT |
| Crude Soybean Oil | US$1,255/MT |
| Brass Scrap – All Grades | US$7,639/MT |
Gold Tariff Value Maintained at US$1,395 per 10 Grams
The revised Table 2 deals principally with gold and silver. Gold, in any form, for which the benefit of specified entries under Notification No. 45/2025-Customs dated October 24, 2025 is availed, continues to carry a tariff value of US$1,395 per 10 grams.
The same tariff value of US$1,395 per 10 grams has also been retained for specified gold bars and gold coins. The notification covers gold bars other than tola bars bearing the manufacturer’s or refiner’s engraved serial number and weight expressed in metric units, as well as gold coins having a gold content of at least 99.5%.
The notification further clarifies the meaning of “gold findings.” These include small components such as hooks, clasps, clamps, pins, catches and screw backs used to hold a whole piece of jewellery or part of it in place.
Silver Tariff Value Continues at US$2,076 per Kilogram
For silver, the tariff value remains US$2,076 per kilogram.
This applies to silver in specified forms, including silver having a purity of not less than 99.9%, subject to the exclusions and conditions set out in the notification. The entry also covers specified silver medallions and silver coins and semi-manufactured forms falling under sub-heading 7106 92, other than the specified imports through post, courier or baggage.
The notification specifically states that, for purposes of the relevant entry, “silver in any form” does not include foreign currency coins, silver jewellery or articles made of silver.
Areca Nut Tariff Value Remains at US$10,785 per Metric Tonne
Under Table 3, the tariff value for areca nuts classified under tariff item 080280 remains US$10,785 per metric tonne. The notification expressly records this as “no change.”
Thus, despite the issuance of a fresh notification replacing the three tariff-value tables, there is no increase or decrease in the specified tariff values for the commodities listed in the notification.
Effective From August 11, 2026
Notification No. 69/2026-Customs (N.T.) was issued in New Delhi on August 10, 2026, and will come into force from August 11, 2026.
The notification amends the long-standing Notification No. 36/2001-Customs (N.T.) dated August 3, 2001. The Gazette records that the principal notification was last amended by Notification No. 68/2026-Customs (N.T.) dated July 31, 2026.
What the Notification Means for Importers
The principal practical effect of the latest notification is the continuation of the existing tariff values for the specified commodities. Since tariff value is used for customs valuation purposes in the circumstances prescribed under the Customs law, maintaining these notified values provides continuity for import assessments involving the covered goods.
For importers dealing in palm oil, palmolein, soybean oil, brass scrap, specified gold and silver products, and areca nuts, the notification therefore does not introduce a fresh tariff-value increase or reduction. Instead, it formally substitutes the earlier Tables 1, 2 and 3 while retaining the values presently applicable to these commodities.
The key takeaway is that CBIC has updated the statutory tariff-value tables with effect from August 11, 2026, but the notified values for all commodities covered by the revised tables have been kept unchanged.
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