Ministry of Finance, through the Central Board of Indirect Taxes and Customs (CBIC), has issued Notification No. 44/2025-Customs (N.T.) on June 30, 2025, revising the tariff values for several imported goods. Effective July 1, 2025, this amendment, made under Section 14(2) of the Customs Act, 1962, replaces the previous tables in Notification No. 36/2001-Customs (N.T.). The revised “TABLE-1” sets new tariff values for various edible oils, including Crude Palm Oil at US$ 1006, RBD Palm Oil at US$ 1032, and Crude Soya bean Oil at US$ 1095 per metric tonne. Brass Scrap (all grades) is also included in this table with a new tariff value. “TABLE-2” provides updated tariff values for gold and silver. Gold, in specified forms, is valued at US$ 1054 per 10 grams, while silver, in various forms, is set at US$ 1164 per kilogram. “TABLE-3” indicates that the tariff value for Areca nuts remains unchanged at US$ 6970 per metric tonne. This revision impacts customs duty calculations for these commodities.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 44/2025-Customs (N.T.) | Dated: 30th June, 2025
S.O. 2901(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 | 1006 |
| 2 | 1511 90 10 | RBD Palm Oil | 1032 |
| 3 | 1511 90 90 | Others – Palm Oil | 1019 |
| 4 | 1511 10 00 | Crude Palmolein | 1044 |
| 5 | 1511 90 20 | RBD Palmolein | 1047 |
| 6 | 1511 90 90 | Others – Palmolein | 1046 |
| 7 | 1507 10 00 | Crude Soya bean Oil | 1095 |
| 8 | 7404 00 22 | Brass Scrap (all grades) |
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 | 1054 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 | 1164 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 content not below 99.9% or semi- 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. |
1164 per kilogram
1054 per 10 grams |
| (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 |
|||
| 4. | 71 | 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. |
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 | 6970 (i.e., no change)” |
2. This notification shall come into force with effect from the 01st day of July, 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. 43/2025-Customs (N.T.), dated the 13th June 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2632 (E), dated 13th June 2025.
