The Ministry of Finance, Department of Revenue, through Notification No. 60/2025-Customs (N.T.) dated 30th September 2025, has revised tariff values under Section 14(2) of the Customs Act, 1962. The notification substitutes the existing Tables 1, 2, and 3 of Notification No. 36/2001-Customs (N.T.), dated 3rd August 2001. The updated tariff values, effective from 1st October 2025, apply to key imports such as edible oils, metals, and areca nuts. Under Table 1, crude palm oil is valued at USD 1108 per metric tonne, RBD palm oil at USD 1132, crude palmolein at USD 1141, RBD palmolein at USD 1144, crude soybean oil at USD 1181, and brass scrap at USD 5690 per metric tonne. Table 2 specifies tariff values for precious metals: gold at USD 1231 per 10 grams and silver at USD 1515 per kilogram, with clarifications regarding exclusions for certain forms of silver and gold findings. Table 3 maintains the tariff value of areca nuts at USD 7463 per metric tonne without change. This amendment replaces the earlier values notified through Notification No. 56/2025-Customs (N.T.), dated 15th September 2025, and aligns import valuation for customs duty purposes with prevailing international prices.
MINISTRY OF FINANCE
(Department of Revenue)
(Central Board of Indirect Taxes and Customs)
Notification No. 60/2025 – Customs (N.T.) | Dated: 30th September, 2025
S.O. 4459(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 | 1108 |
| 2 | 1511 90 10 | RBD Palm Oil | 1132 |
| 3 | 1511 90 90 | Others – Palm Oil | 1120 |
| 4 | 1511 10 00 | Crude Palmolein | 1141 |
| 5 | 1511 90 20 | RBD Palmolein | 1144 |
| 6 | 1511 90 90 | Others – Palmolein | 1143 |
| 7 | 1507 10 00 | Crude Soya bean Oil | 1181 |
| 8 | 7404 00 22 | Brass Scrap (all grades) | 5690 |
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 | 1231 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 | 1515 per kilogram |
| (i) Silver, in any form, other than medallions and silver coins having silver content not below 99.9% | 1515 per kilogram | ||
| 71 | 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 |
||
| 3. | 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. | |||
| (i) Gold bars, other than tola bars, bearing manufacturer’s or refiner’s engraved serial number and weight expressed in metric units; |
|||
|
4.
|
71
|
(i) 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. |
1231 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 01st day of October, 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 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. 56/2025-Customs (N.T.), dated the 15th September 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 4169 (E), dated 15th September 2025.
