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Core Purpose

The Central Board of Indirect Taxes and Customs amends Notification No. 36/2001-Customs (N.T.) by substituting Tables 1, 2 and 3 to revise tariff values for edible oils, brass scrap, gold, silver and areca nuts.

Detailed Summary

In exercise of powers under sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs, by Notification No. 46/2025-Customs (N.T.), S.O. 3235(E) dated 15th July 2025, amends Notification No. 36/2001-Customs (N.T.), dated 3rd August 2001 (S.O. 748(E) dated 3rd August 2001), substituting Tables 1, 2 and 3 with revised tariff values: crude palm oil at US$998 per metric tonne, RBD palm oil at US$1029, other palm oil at US$1014, crude palmolein at US$1039, RBD palmolein at US$1042, other palmolein at US$1041, crude soya bean oil at US$1102, and brass scrap (all grades) at US$5690 (Table-1); gold at US$1078 per 10 grams and silver at US$1259 per kilogram, including gold and silver benefiting from exemption entries 356 and 357 of Notification No. 50/2017-Customs dated 30.06.2017 (Table-2); and areca nuts unchanged at US$6970 per metric ton (Table-3). The notification, filed under F. No. 467/01/2025-Cus.V and signed by Megha Bansal, Under Secretary, notes the principal notification was last amended by Notification No. 44/2025-Customs (N.T.), S.O. 2901(E), dated 30th June 2025.

Full Text

CG-DL-E-15072025-264688 EXTRAORDINARY PART II—Section 3—Sub-section (ii) 4734 GI/2025 (1) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 15th July, 2025 No. 46/2025-CUSTOMS (N.T.) S.O. 3235(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 | 998 | | 2 | 1511 90 10 | RBD Palm Oil | 1029 | | 3 | 1511 90 90 | Others – Palm Oil | 1014 | | 4 | 1511 10 00 | Crude Palmolein | 1039 | | 5 | 1511 90 20 | RBD Palmolein | 1042 | | 6 | 1511 90 90 | Others – Palmolein | 1041 | | 7 | 1507 10 00 | Crude Soya bean Oil | 1102 | | 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 | 1078 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 | 1259 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-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. | 1259 per kilogram | | 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. | 1078 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 | 6970 (i.e., no change)” | [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. 44/2025-Customs (N.T.), dated the 30th June 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2901 (E), dated 30th June 2025. and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR SRIVASTAVA KUMAR SRIVASTAVA Date: 2025.07.15 21:48:02 +05'30'

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