The Central Board of Indirect Taxes and Customs (CBIC), on January 22, 2026, amended an older notification related to Crude oil, Gold and Silver.
The following has been stated, namely:-
• It shall come into force from January 23, 2026.
• Precious metals like gold and silver (in specified forms and subject to certain conditions)
• Gold tariff value change to 1567 per 10 grams.
• Areca nuts, for which the tariff value remains unchanged
[Notification No. 08/2026 - CUSTOMS (N.T.)]