Summary: The Central Board of Indirect Taxes & Customs (CBIC), Ministry of Finance, Department of Revenue, has issued Notification No. 71/2026-Customs (N.T.) dated August 25, 2026 under sub-section (2) of Section 14 of the Customs Act, 1962. The notification amends Notification No. 36/2001-Customs (N.T.) dated August 3, 2001 by substituting Table-1, Table-2 and Table-3 prescribing tariff values for specified imported goods. TaxGuru has separately published the principal notification and recent amendments to this tariff-value framework.
Under Table-1, the notification retains the stated tariff values for crude palm oil at US$1,208 per metric tonne, RBD palm oil at US$1,220, other palm oil at US$1,214, crude palmolein at US$1,227, RBD palmolein at US$1,230, other palmolein at US$1,229, crude soybean oil at US$1,257 and brass scrap at US$7,945 per metric tonne. The notification expressly states “i.e., no change” against these values.
Table-2 deals with specified gold and silver imports. Gold covered by the benefit of serial number 194 of Notification No. 45/2025-Customs dated October 24, 2025 is assigned a tariff value of US$1,500 per 10 grams, while silver covered by serial number 195 of that notification has a tariff value of US$2,097 per kilogram. The latter value is expressly stated to involve no change. The same US$2,097 per kilogram tariff value applies to the specified silver forms covered by the third entry. The fourth entry prescribes US$1,500 per 10 grams for specified gold bars, gold coins and gold findings, subject to the exclusions stated in the notification.
Table-3 prescribes a tariff value of US$11,574 per metric tonne for areca nuts, also expressly stated to involve no change.
The notification shall come into force with effect from August 26, 2026. Accordingly, the substituted tariff values contained in the three tables apply from that date. The notification identifies Notification No. 36/2001-Customs (N.T.) dated August 3, 2001 as the principal notification and records that it was last amended by Notification No. 70/2026-Customs (N.T.) dated August 14, 2026.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 71/2026-Custom (N.T.) | Dated:25th August, 2026
S.O. 4720(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 | 1208 (i.e., no change) |
| 2 | 1511 90 10 | RBD Palm Oil | 1220 (i.e., no change) |
| 3 | 1511 90 90 | Others – Palm Oil | 1214 (i.e., no change) |
| 4 | 1511 10 00 | Crude Palmolein | 1227 (i.e., no change) |
| 5 | 1511 90 20 | RBD Palmolein | 1230 (i.e., no change) |
| 6 | 1511 90 90 | Others – Palmolein | 1229 (i.e., no change) |
| 7 | 1507 10 00 | Crude Soya bean Oil | 1257 (i.e., no change) |
| 8 | 7404 00 22 | Brass Scrap (all grades) | 7945 (i.e., no change) |
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 | 1500 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 | 2097 per kilogram (i.e., no change) |
| 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;
(ii) 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 or baggage. 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. |
2097 per kilogram (i.e., no change) |
| 4. | 71 | (i) Gold bars, other than tola bars, bearing manufacturer’s or refiner’s engraved serial number and weight expressed in metric units;
(iii) 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. |
1500 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 | 11574 (i.e., no change)” |
2. This notification shall come into force with effect from the 26th day of August, 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. 70/2026-Customs (N.T.), dated the 14th August 2026, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 4511 (E), dated 14th August 2026.
