The Central Board of Indirect Taxes and Customs has amended the long-standing tariff value notification under Section 14(2) of the Customs Act, 1962 by substituting updated Tables 1, 2 and 3, effective from 31 January 2026. The notification revises tariff values for key imported commodities to align assessable values for customs purposes. Table 1 updates tariff values for edible oils such as crude and refined palm oil, palmolein, crude soybean oil, and brass scrap, prescribing specific US dollar values per metric tonne. Table 2 specifies tariff values for gold and silver in various forms where concessional customs notifications are availed, standardising values per 10 grams for gold and per kilogram for silver, with detailed explanations and exclusions. Table 3 retains the existing tariff value for areca nuts without change. These revisions are intended to provide uniform valuation benchmarks for customs assessment and to ensure consistency and certainty in duty computation for notified goods.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 11/2026 – Customs (N.T.) | Dated: 30th January, 2026
S.O. 462(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 | 1066 |
| 2 | 1511 90 10 | RBD Palm Oil | 1075 |
| 3 | 1511 90 90 | Others – Palm Oil | 1071 |
| 4 | 1511 10 00 | Crude Palmolein | 1079 |
| 5 | 1511 90 20 | RBD Palmolein | 1082 |
| 6 | 1511 90 90 | Others – Palmolein | 1081 |
| 7 | 1507 10 00 | Crude Soya bean Oil | 1186 |
| 8 | 7404 00 22 | Brass Scrap (all grades) | 7284 |
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 dated 24th October, 2025, is availed | 1740 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 dated 24th October, 2025, is availed | 3830 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;
(ii) Medallions and silver coins having silver 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. |
3830 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. |
1740 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 31st day of January, 2026.
[F. No. 467/01/2026-Cus.V]
KRITI PANDEY, Under Secy.
Note: – The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide 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. 10/2026-Customs (N.T.), dated the 29th January 2026 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 419 (E), dated 29th January 2026.
