CBIC / GST notification 46/2025-CUSTOMS (N.T.) · 15 Jul 2025
Official title
46/2025-Customs (N.T) : Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
Official record
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Check the official recordThe Central Board of Indirect Taxes and Customs updates the tariff values for specific goods including edible oils, brass scrap, gold, and silver. Importers of these goods must use the revised tariff values for customs valuation purposes. The notification specifies new values for crude and refined palm oil, palmolein, soya bean oil, and brass scrap in US dollars per metric tonne. It also sets values for gold and silver in US dollars per 10 grams and per kilogram respectively. The tariff value for areca nuts remains unchanged. These values apply to imports under the specified tariff headings. The changes take effect on 16 July 2025.
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[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. 46/2025-CUSTOMS (N.T.)
New Delhi, 15^th^ July, 2025
24 Ashadha, 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 3^rd^ August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3^rd^ 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 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 3^rd^ August, 2001, vide number S. O. 748 (E), dated the 3^rd^ August, 2001 and was last amended vide Notification No. 44/2025-Customs (N.T.), dated the 30^th^ June 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2901 (E), dated 30^th^ June 2025.
