HomeNotificationCBIC Revises Tariff Values for Edible Oils, Precious Metals and Areca Nuts

CBIC Revises Tariff Values for Edible Oils, Precious Metals and Areca Nuts

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The Central Board of Indirect Taxes and Customs (CBIC) has issued notification revising the tariff values applicable to a range of imported goods including edible oils, gold, silver, brass scrap, and areca nuts, which will be effective from April 3, 2026

The notification has been issued under the powers conferred by Section 14(2) of the Customs Act, 1962, enabling the government to fix tariff values for imported goods where it considers it necessary to prevent undervaluation and ensure uniformity in customs assessments.

Tariff Values Notified by CBIC

Table-1: Edible Oils and Brass Scrap

Sl. No.Chapter/Heading/Tariff ItemDescription of GoodsTariff Value (USD per Metric Tonne)
11511 10 00Crude Palm Oil1141 (no change)
21511 90 10RBD Palm Oil1162 (no change)
31511 90 90Others – Palm Oil1152 (no change)
41511 10 00Crude Palmolein1167 (no change)
51511 90 20RBD Palmolein1170 (no change)
61511 90 90Others – Palmolein1169 (no change)
71507 10 00Crude Soyabean Oil1224 (no change)
87404 00 22Brass Scrap (all grades)7117 (no change)

Table-2: Precious Metals (Gold & Silver)

Sl. No.ChapterDescription of GoodsTariff Value
171 or 98Gold (eligible under Notification No. 45/2025-Customs)USD 1526 per 10 grams
271 or 98Silver (eligible under Notification No. 45/2025-Customs)USD 2427 per kg
371Silver (excluding jewellery, coins, etc., with conditions)USD 2427 per kg
471Gold bars, coins (≥99.5%), and findingsUSD 1526 per 10 grams

Table-3: Areca Nuts

Sl. No.ChapterDescription of GoodsTariff Value (USD per Metric Tonne)
1080280Areca Nuts7020 (no change)

No Change in Tariff Values

A notable aspect of the notification is that all tariff values remain unchanged, indicating stability in import valuation benchmarks across key commodities such as edible oils, bullion, and agricultural goods.

Notification Details

Notification No. 35/2026-CUSTOMS (N.T.)

Date: 02/04/2026

Read More: GST | Invocation of Bank Guarantee After Expiry of Defect Liability Period Without Proof of Defects Is Illegal: Calcutta High Court

Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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