Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)] Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs

Notification No. 23/2026 - CUSTOMS (N.T.)

New Delhi, 24th February, 2026 Phalguna 5, 1947 (SAKA)

S.O. … (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 1086 (i.e., no change) 2 1511 90 10 RBD Palm Oil 1088 (i.e., no change) 3 1511 90 90 Others – Palm Oil 1087 (i.e., no change) 4 1511 10 00 Crude Palmolein 1090 (i.e., no change) 5 1511 90 20 RBD Palmolein 1093 (i.e., no change) 6 1511 90 90 Others – Palmolein 1092 (i.e., no change) 7 1507 10 00 Crude Soya bean Oil 1202 (i.e., no change) 8 7404 00 22 Brass Scrap (all grades) 7391 (i.e., no change) 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 194 of the Notification No. 45/2025-Customs dated 24.10.2025 is availed 1624 per 10 grams (i.e., no change)

2. 71 or 98 Silver, in any form, in respect of which the benefit of entries at serial number 195 of the Notification No. 45/2025-Customs dated 24.10.2025 is availed

2817 per kilogram

(i) Silver, in any form, other than

3. 71 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.

2817 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. 1624 per 10 grams (i.e., no change) 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 7020 (i.e., no change)
5. This notification shall come into force with effect from the 25th day of February, 2026. [F. No. 467/01/2026-Cus.V]

(Kriti Pandey) Under Secretary to the Govt. of India

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. 22/2026-Customs (N.T.), dated the 18th February 2026 e- published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 890 (E), dated 18th February 2026.