Summary: The Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, has issued Notification No. 89/2026-Customs (N.T.) dated 30 October 2026, amending Notification No. 36/2001-Customs (N.T.) dated 3 August 2001. Exercising its powers under Section 14(2) of the Customs Act, 1962, the Board has substituted all three tables prescribing tariff values for specified imported goods. The revised Table-1 prescribes tariff values for crude palm oil at US$ 1,174, RBD palm oil at US$ 1,200, other palm oil at US$ 1,187, crude palmolein at US$ 1,204, RBD palmolein at US$ 1,207 and other palmolein at US$ 1,206 per metric tonne. Crude soya bean oil is valued at US$ 1,291 per metric tonne, while brass scrap of all grades is valued at US$ 8,242 per metric tonne. Under Table-2, the tariff value for specified gold imports is fixed at US$ 1,295 per 10 grams, while specified silver imports attract a tariff value of US$ 1,711 per kilogram. These values also apply to the other specified forms of gold and silver, subject to the descriptions, conditions and exclusions prescribed in the notification. Table-3 retains the tariff value of areca nuts at US$ 10,433 per metric tonne, expressly indicating no change. The revised tariff values become effective from 31 October 2026. Importers and customs professionals should apply the substituted values while determining the assessable value of the covered imported goods from the effective date.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 89/2026-Custom (N.T.) | Dated: 30th October, 2026
S.O. 5914(E).— In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-
In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the following Tables shall be substituted, namely: –
“TABLE-1
| Sl. No. | Chapter/ heading/ sub-heading/tariff item |
Description of goods | Tariff value
(US $Per Metric Tonne) |
| (1) | (2) | (3) | (4) |
| 1 | 1511 10 00 | Crude Palm Oil | 1174 |
| 2 | 1511 90 10 | RBD Palm Oil | 1200 |
| 3 | 1511 90 90 | Others – Palm Oil | 1187 |
| 4 | 1511 10 00 | Crude Palmolein | 1204 |
| 5 | 1511 90 20 | RBD Palmolein | 1207 |
| 6 | 1511 90 90 | Others – Palmolein | 1206 |
| 7 | 1507 10 00 | Crude Soya bean Oil | 1291 |
| 8 | 7404 00 22 | Brass Scrap (all grades) | 8242 |
TABLE-2
| Sl. No. |
Chapter/ heading/ sub-heading/tariff item |
Description of goods | Tariff value (US $) |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1. | 71 or 98 | Gold, in any form, in respect of which the benefit of entries at serial number 194 of the Notification No. 45/2025-Customs dated 24.10.2025 is availed |
1295 per 10 grams |
| 2. | 71 or 98 | Silver, in any form, in respect of which the benefit of entries at serial number 195 of the Notification No. 45/2025-Customs dated 24.10.2025 is availed |
1711 per kilogram |
| 3. | 71 | (i) Silver, in any form, other than medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92;
(i) Medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92, other than imports of such goods through post, courier orbagg age. Explanation. – For the purposes of this entry, silver in any form shall not include foreign currency coins, jewellery made of silver or articles made of silver. |
1711 per kilogram |
| 4.
|
71
|
(i) Gold bars, other than tola bars, bearing manufacturer’s or refiner’s engraved serial number and weight expressed in metric units;
(ii) Gold coins having gold content not below 99.5% and gold findings, other than imports of such goods through post, courier or baggage. Explanation. – For the purposes of this entry, “gold findings” means a small component such as hook, clasp, clamp, pin, catch, screw back used to hold the whole or a part of a piece of Jewellery in place. |
1295 per 10 grams
|
TABLE-3
| Sl. No. |
Chapter/ heading/ sub-heading/tariff item |
Description of goods | Tariff value
(US $ Per Metric Ton) |
| (1) | (2) | (3) | (4) |
| 1 | 080280 | Areca nuts | 10433(ie. no change) ” |
2. This notification shall come into force with effect from the 31st day of October, 2026.
[F. No. 467/01/2026-Cus.V]
INDRAJIT PANDA, Under Secy.
Note: – The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide Notification No. 36/2001–Customs (N.T.), dated the 3rd August, 2001, vide number S. O. 748 (E), dated the 3rd August, 2001 and was last amended vide Notification No. 86/2026-Customs (N.T.), dated the 15th October 2026, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 5658 (E), dated 15th October 2026.
