CBIC Revises Import Tariff Values from July 16, 2026

[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. 63/2026-CUSTOMS (N.T.)

New Delhi, 15th July, 2026

24 Ashadha, 1948 (SAKA)

The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 63/2026-Customs (N.T.) dated July 15, 2026, has revised the tariff values applicable to specified imported commodities.

The updated tariff values include crude palm oil at USD 1,203 per metric tonne, RBD palm oil at USD 1,215, crude soybean oil at USD 1,238 and brass scrap at USD 7,599 per metric tonne. The tariff value of gold has been fixed at USD 1,311 per 10 grams, while silver has been valued at USD 1,869 per kilogram.

The tariff value of areca nuts remains unchanged at USD 10,785 per metric tonne. The revised values take effect from July 16, 2026. CA Sansaar

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