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Core Purpose

The Central Board of Indirect Taxes and Customs amends Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2, and TABLE-3 related to tariff values for various goods.

Detailed Summary

The Ministry of Finance (Department of Revenue), Central Board of Indirect Taxes and Customs, through Notification No. 16/2026 - CUSTOMS (N.T.), S.O. 474(E) dated 2nd February, 2026, has exercised powers under sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962) to amend Notification No. 36/2001-Customs (N.T.), dated 3rd August, 2001 (S. O. 748 (E)). This amendment substitutes TABLE-1, TABLE-2, and TABLE-3 in the principal notification. The substituted TABLE-1 specifies tariff values (US $ Per Metric Tonne) for Crude Palm Oil (1066), RBD Palm Oil (1075), Others - Palm Oil (1071), Crude Palmolein (1079), RBD Palmolein (1082), Others Palmolein (1081), Crude Soya bean Oil (1186), and Brass Scrap (all grades) (7284), indicating no change from previous values. TABLE-2 establishes tariff values (US $) for Gold at 1604 per 10 grams and Silver at 3339 per kilogram, both applicable when availing benefits under entries 194 and 195 respectively of Notification No. 45/2025-Customs dated 24th October, 2025. Additionally, gold bars (excluding tola bars) and gold coins/findings (with gold content not below 99.5%) are assigned a tariff value of 3339 per kilogram, with an explanation clarifying what silver forms are excluded. TABLE-3 sets the tariff value for Areca nuts at 7679 (US $ Per Metric Ton), also indicating no change. This notification comes into force on 2nd February, 2026. The principal notification was last amended by Notification No. 11/2026-Customs (N.T.), dated 30th January, 2026 (S.O. 462 (E)).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-02022026-269780 EXTRAORDINARY PART II—Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY No. 445] NEW DELHI, MONDAY, FEBRUARY 2, 2026/MAGHA 13, 1947 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 2nd February, 2026 No. 16/2026 - CUSTOMS (N.T.) S.O. 474(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/ | Description of goods | Tariff value | | | sub-heading/tariff | | (US $Per Metric Tonne) | | | item | | | +========+============================+===================================+==========================+ | (1) | (2) | (3) | (4) | +--------+----------------------------+-----------------------------------+--------------------------+ | 1 | 1511 10 00 | Crude Palm Oil | 1066 (i.e., no change) | +--------+----------------------------+-----------------------------------+--------------------------+ | 2 | 1511 90 10 | RBD Palm Oil | 1075 (i.e., no change) | +--------+----------------------------+-----------------------------------+--------------------------+ | 3 | 1511 90 90 | Others - Palm Oil | 1071 (i.e., no change) | +--------+----------------------------+-----------------------------------+--------------------------+ | 4 | 1511 10 00 | Crude Palmolein | 1079 (i.e., no change) | +--------+----------------------------+-----------------------------------+--------------------------+ | 5 | 1511 90 20 | RBD Palmolein | 1082 (i.e., no change) | +--------+----------------------------+-----------------------------------+--------------------------+ | 6 | 1511 90 90 | Others Palmolein | 1081 (i.e., no change) | +--------+----------------------------+-----------------------------------+--------------------------+ | 7 | 1507 10 00 | Crude Soya bean Oil | 1186 (i.e., no change) | +--------+----------------------------+-----------------------------------+--------------------------+ | 8 | 7404 00 22 | Brass Scrap (all grades) | 7284 (i.e., no change) | +--------+----------------------------+-----------------------------------+--------------------------+ TABLE-2 +--------+----------------------------+-------------------------------------------------------------+-----------------------+ | Sl. | Chapter/ heading/ | Description of goods | Tariff value | | No. | sub-heading/tariff | | (US $) | | | item | | | +========+============================+=============================================================+=======================+ | (1) | (2) | (3) | (4) | +--------+----------------------------+-------------------------------------------------------------+-----------------------+ | 1. | 71 or 98 | Gold, in any form, in respect of which the benefit | 1604 per 10 grams | | | | of entries at serial number 194 of the Notification | | | | | No. 45/2025-Customs dated 24.10.2025 is availed | | +--------+----------------------------+-------------------------------------------------------------+-----------------------+ | 2. | 71 or 98 | Silver, in any form, in respect of which the benefit | 3339 per kilogram | | | | of entries at serial number 195 of the Notification | | | | | No. 45/2025-Customs dated 24.10.2025 is availed | | +--------+----------------------------+-------------------------------------------------------------+-----------------------+ | 3. | 71 | (i) Gold bars, other than tola bars, bearing | 3339 per kilogram | | | | 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, | | | | | silver in any form shall not include foreign | | | | | currency coins, jewellery made of silver or | | | | | articles made of silver. | | +--------+----------------------------+-------------------------------------------------------------+-----------------------+ TABLE-3 +--------+----------------------------+-----------------------------------+-----------------------------------+ | Sl. | Chapter/heading/ | Description of goods | Tariff value | | No. | sub-heading/tariff | | (US $ Per Metric Ton) | | | item | | | +========+============================+===================================+===================================+ | (1) | (2) | (3) | (4) | +--------+----------------------------+-----------------------------------+-----------------------------------+ | 1 | 080280 | Areca nuts | 7679 (i.e., no change)" | +--------+----------------------------+-----------------------------------+-----------------------------------+ 2. This notification shall come into force with effect from the 2nd day of February, 2026. [F. No. 467/01/2026-Cus.V] INDRAJIT PANDA, 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. 11/2026-Customs (N.T.), dated the 30th January 2026 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 462 (E), dated 30th January 2026. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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