Customs: The CBIC has issued a notification to replace The Sea Cargo Manifest and Transshipment Regulations, 2018 with The Sea Cargo Manifest and Transshipment (First Amendment) Regulations, 2025.(16.01.2025)

Customs 

The CBIC has issued a notification to replace The Sea Cargo Manifest and Transshipment Regulations, 2018 with The Sea Cargo Manifest and Transshipment (First Amendment) Regulations, 2025.

[Notification No. 02/2025-Customs (N.T.) dated 15.01.2025] 

The CBIC has issued a notification to amend tariff values of Edible oils, brass scrap, areca nuts, gold and silver as follows:

Table 1 

Sl. No. Chapter/ heading/sub-heading/tariff item Description of goods Tariff value
(US $Per Metric Tonne)
1 1511 10 00 Crude Palm Oil 1137
2 1511 90 10 RBD Palm Oil 1180
3 1511 90 90 Others – Palm Oil 1159
4 1511 10 00 Crude Palmolein 1189
5 1511 90 20 RBD Palmolein 1192
6 1511 90 90 Others – Palmolein 1191
7 1507 10 00 Crude Soya bean Oil 1074
8 7404 00 22 Brass Scrap (all grades) 5249

                                                                                                               Table 2 

SI No. Chapter/ heading/sub-heading/tariff item Description of goods Tariff value
(US $)
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 858 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 961 per kilograms
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.

961 per kilograms
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.

858 per 10 grams

                                                                                                              Table 3

SI No. Chapter/ heading/sub-heading/tariff item Description of goods Tariff value
(US $Per Metric Tonne)
1 80280 Areca nuts 6448 (i.e., no change)”

[Notification No.03/2025-CUSTOMS (N.T.) dated 15.01.2025]