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This notification from the Ministry of Finance, Department of Revenue, amends the customs valuation of several imported goods. Issued on September 8, 2025, it updates the tariff values for a range of commodities under the Customs Act, 1962. The document revises three tables, replacing the existing valuation tables from a previous notification dated August 3, 2001. The updated TABLE-1 sets the tariff values for various oils, including crude palm oil, RBD palm oil, and crude soybean oil, as well as brass scrap. TABLE-2 specifies the tariff values for gold and silver in various forms, including bars, coins, and medallions. Lastly, TABLE-3 establishes the tariff value for areca nuts. This notification, which is an amendment to an earlier one, took effect on September 9, 2025. It aligns the customs valuation with current market conditions and is a routine adjustment to trade policies.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

Notifications No. 53/2025-Customs (N.T.) | Dated: 8th September, 2025

S.O. 4080(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 1060 (i.e., no change)
2 1511 90 10 RBD Palm Oil 1066 (i.e., no change)
3 1511 90 90 Others – Palm Oil 1063 (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 1146 (i.e., no change)
8 7404 00 22 Brass Scrap (all grades) 5555 (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 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed 1157 per 10 grams
2. 71 or 98 Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed 1257 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.

1257 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;

(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.

1157 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 7463 (i.e., no change)”

2. This notification shall come into force with effect from the 09th day of September, 2025.

[F. No. 467/01/2025-Cus.V]
MEGHA BANSAL, 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. 52/2025-Customs (N.T.), dated the 29th August 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 3959 (E), dated 29th August 2025.

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