Customs: The CBIC, through this notification, has revised the customs tariff values for specified imported goods with effect from 1 August 2026.(04.08.2026)

CUSTOM

The CBIC, through this notification, has revised the customs tariff values for specified imported goods with effect from 1 August 2026. The revised tariff values include US$ 1,211/MT for Crude Palm Oil, US$ 1,212/MT for RBD Palm Oil and Other Palm Oil, US$ 1,222–1,225/MT for different types of Palmolein, US$ 1,255/MT for Crude Soyabean Oil, US$ 7,639/MT for Brass Scrap, US$ 1,323 per 10 grams for Gold, and US$ 1,875 per kilogram for Silver, while the tariff value for Areca Nuts remains unchanged at US$ 10,785 per metric tonne. These tariff values serve as the basis for the assessment of customs duty and do not represent the actual market prices. The notification also specifies the applicable tariff value entries for imports of gold and silver covered under Notification No. 45/2025-Customs.

(Notification No. 68/2026-Customs (N.T.), dated 31.07.2026)