The Central Board of Indirect Taxes and Customs (CBIC) has notified Customs (N.T.) Notification No. 64/2025, maintaining status quo in tariff values for key imported commodities such as edible oils, gold, silver, brass scrap, and areca nuts. The notification, issued under Section 14(2) of the Customs Act, 1962, takes effect from October 10, 2025.
According to the amended tables replacing those in Notification No. 36/2001-Customs (N.T.), dated August 3, 2001, no changes have been made in the benchmark tariff values, which are used to determine customs duty on specified goods.
Key Tariff Values (Unchanged)
Edible Oils (per metric tonne):
- Crude Palm Oil – USD 1108
- RBD Palm Oil – USD 1132
- Crude Palmolein – USD 1141
- RBD Palmolein – USD 1144
- Crude Soyabean Oil – USD 1181
Metals:
- Brass Scrap (all grades) – USD 5690 per metric tonne
- Areca Nuts – USD 7463 per metric tonne
Precious Metals:
- Gold (all specified forms) – USD 1300 per 10 grams
- Silver (all specified forms) – USD 1515 per kilogram
The tariff value system serves as a measure to standardise customs valuation for commodities that are subject to frequent global price fluctuations. By keeping the values unchanged, the government signals a phase of stability in global commodity prices, particularly in edible oils and precious metals, which have remained relatively steady over recent weeks.
Notification Details
Notification No. 64/2025-CUSTOMS (N.T.)
Date: 09th October, 2025
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