The notification amends the Sea Cargo Manifest and Transshipment Regulations by extending a key compliance date to 31 March 2026. Stakeholders gain additional time without changes to substantive requirements.
The notification substitutes tariff value tables for key commodities under the Customs Act. Importantly, all notified values remain unchanged, maintaining valuation stability.
The notification deals with updating tariff benchmarks for oils, metals, and areca nuts. It confirms that customs duty will be levied based on the revised values from the notified date.
The new customs notification revises tariff value tables for oils, metals, and areca nuts, confirming no change in existing rates. It maintains consistency in import valuation under the Customs Act.
The latest customs notification updates tariff values for palm oil, soybean oil, brass scrap, gold, and silver. Effective 29 November 2025, the revision aligns valuations with current market rates.
Revised tariff values have been notified for oils, metals, and precious metals, aligning customs valuation with current global market prices.
CBIC Notification 73/2025 amends ECTS Regulations, formalizing specific rail and multi-modal routes from Kolkata, Haldia, and Vizag ports for Nepal-bound cargo.
CBIC Notification 72/2025-Customs (N.T.) amends tariff values for crude palm oil, soya bean oil, gold ($1285/10g), silver, and brass scrap, effective Nov 1, 2025.
CBIC Notification 71/2025 restricts the use of Voluntary Revision of Entries for reversing benefits claimed under instrument-based schemes, where a separate procedure exists.
CBIC introduces Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025. Sets electronic process for importers/exporters to revise entries post-clearance.