The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, has announced a revision in tariff values for several imported commodities including gold, silver, edible oils, brass scrap, and areca nuts, which will come into effect from October 16, 2025.
The revisions have been made under the powers conferred by Section 14(2) of the Customs Act, 1962, which allows the government to fix tariff values for certain goods to standardize valuation for customs duty purposes, taking into account fluctuations in international prices.
According to the notification, the CBIC has substituted Tables 1, 2, and 3 of the earlier Notification No. 36/2001-Customs (N.T.), thereby updating tariff values for a wide range of items.
Edible Oils (US$ per Metric Tonne):
| Product | Revised Tariff Value (US$/MT) |
| Crude Palm Oil | 1123 |
| RBD Palm Oil | 1148 |
| Others – Palm Oil | 1136 |
| Crude Palmolein | 1149 |
| RBD Palmolein | 1152 |
| Others – Palmolein | 1151 |
| Crude Soya Bean Oil | 1187 |
| Brass Scrap (all grades) | 5889 |
The upward revision in palm oil and soybean oil values reflects recent strengthening in global edible oil markets, driven by supply constraints and rising demand from importing nations, including India.
Revised Tariff Values for Precious Metals
| Commodity | Revised Tariff Value | Basis |
| Gold (any form under Notification No. 50/2017-Customs, Sl. No. 356) | US$ 1327 per 10 grams | Standard gold imports |
| Silver (any form under Notification No. 50/2017-Customs, Sl. No. 357) | US$ 1663 per kilogram | Standard silver imports |
| Other forms of Silver (incl. medallions & coins with 99.9% purity) | US$ 1663 per kilogram | Non-currency silver forms |
| Gold bars, coins & findings (purity ≥99.5%) | US$ 1327 per 10 grams | For refined bars and jewellery components |
The revision reflects global trends in bullion prices, which have seen volatility amid geopolitical uncertainty and shifting interest rate expectations.
Other Revisions
Areca Nuts: Tariff value set at US$ 7142 per metric tonne, marking a notable adjustment that may impact importers and domestic processors.
Implementation and Context
The notification explicitly states that these new rates will be effective from October 16, 2025.
It supersedes the previous revision made under Notification No. 64/2025-Customs (N.T.), issued on October 9, 2025.
Notification Details
Notification No. 65/2025-CUSTOMS (N.T.)
Date: 15/10/2025
