The Central Board of Indirect Taxes and Customs, under the Ministry of Finance, issued Notification No. 19/2026–Customs (N.T.) dated 6 February 2026, exercising powers under section 14(2) of the Customs Act, 1962, to amend the long-standing tariff value notification by substituting Tables 1, 2, and 3. The revised tables reaffirm tariff values for key commodities without any change, covering edible oils (crude and refined palm oil and palmolein, crude soybean oil), brass scrap, precious metals (gold and silver in specified forms and benefit-linked imports), and areca nuts. Notably, tariff values for gold remain at USD 1605 per 10 grams and for silver at USD 2552 per kilogram, while edible oils and brass scrap retain their earlier benchmarks. The notification clarifies product descriptions and exclusions for precious metals and confirms continuity in valuation to ensure predictability for importers. The amendments take effect from 7 February 2026, maintaining valuation stability across covered goods.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 19/2026 – CUSTOMS (N.T.) | Dated: 6th February, 2026
S.O. 599(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), Notification 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 | 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 (i.e., no change) |
| 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 | 2552 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- |
2552 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 (i.e., no change) |
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 7th 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–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. 18/2026-Customs (N.T.), dated the 5th February 2026 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 578 (E), dated 5th February 2026.
