The Central Board of Indirect Taxes and Customs has issued Notification No. 18/2026–Customs (N.T.) dated 5 February 2026, amending the long-standing tariff value notification issued under Section 14(2) of the Customs Act, 1962. By substituting Tables 1, 2 and 3 of the principal notification, the amendment re-notifies tariff values for key imported commodities including edible oils, precious metals, brass scrap and areca nuts. The notification specifies tariff values for crude and refined palm oil, palmolein, crude soybean oil and brass scrap, while separately prescribing benchmark tariff values for gold and silver imported under specified exemption entries as well as for other eligible forms of these precious metals. It also reiterates the tariff value applicable to areca nuts. Importantly, the notification clarifies that the revised tables largely retain existing tariff values, indicating no numerical change, but legally refresh and continue the valuation framework. The amendments take effect from 6 February 2026, ensuring continuity and certainty in customs valuation for affected imports administered by the Central Board of Indirect Taxes and Customs.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 18/2026 – Customs (N.T.) | Dated: 5th February, 2026
S.O. 578(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-Cus (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 | 1066 (i.e., no change) |
| 2 | 1511 90 10 | RBD Palm Oil | 1075 (i.e., no change) |
| 3 | 1511 90 90 | Others – Palm Oil | 1071 (i.e., no change) |
| 4 | 1511 10 00 | Crude Palmolein | 1079 (i.e., no change) |
| 5 | 1511 90 20 | RBD Palmolein | 1082 (i.e., no change) |
| 6 | 1511 90 90 | Others – Palmolein | 1081 (i.e., no change) |
| 7 | 1507 10 00 | Crude Soya bean Oil | 1186 (i.e., no change) |
| 8 | 7404 00 22 | Brass Scrap (all grades) | 7284 (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 | 1605 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 | 2934 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 subheading 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. |
2934 per kilogram |
| 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. | |||
| 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. |
1605 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 | 7679 (i.e., no change)” |
2. This notification shall come into force with effect from the 6th day of February, 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-Cus (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. 17/2026-Customs (N.T.), dated the 3rd February 2026 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 496 (E), dated 3rd February 2026.
