The Central Board of Indirect Taxes and Customs (CBIC) on October 15, 2026, under Section 14(2) of the Customs Act, 1962, has amended Notification No. 36/2001-Customs (N.T.), dated August 3, 2001, by substituting Tables 1, 2 and 3 to revise the tariff values applicable to specified imported goods, including palm oil, palmolein, soybean oil, brass scrap, gold, silver and areca nuts.
The revised tariff values for gold and silver are USD 1,316 per 10 grams and USD 1,907 per kilogram, respectively, subject to the specified categories and conditions. The revised tables also cover different forms and grades of palm oil and palmolein, crude soybean oil, brass scrap and areca nuts. The notification shall come into force with effect from October 16, 2026.
[Notification No. 86/2026-CUSTOMS (N.T.)]
