CBIC Revises Gold Tariff Values, No Change in Edible Oils, Brass Scrap & Areca Nuts
In a notification dated 22 January 2026, the Central Board of Indirect Taxes and Customs (CBIC) has updated tariff values for gold while keeping tariff values unchanged for edible oils, all types of brass scrap, silver, and areca nuts.
The notifications stated that from 23 January 2026 tariff rates are effective at USD 1,567 per 10 g for gold and USD 2,950 per kg for silver.
The notification also specifies tariff values for various edible oils, brass scrap, gold, silver, and areca nuts. These include:
| Description with Tariff Item Number | Tariff Value (US $ Per Metric Tonne) |
| Crude Palm Oil (1511 10 00) | 1075 |
| RBD Palm Oil (1511 90 10) | 1084 |
| Others – Palm Oil (1511 90 90) | 1080 |
| Crude Palmolein (1511 10 00 | 1088 |
| RBD Palmolein (1511 90 20) | 1091 |
| Others – Palmolein (1511 90 90) | 1090 |
| Crude Soya bean Oil (1507 10 00) | 1173 |
| Brass Scrap All Grades (7404 00 22) | 7096 |
Click here to read/download CBIC Notification No. 08/2026-Customs (N.T.) dated 22 January 2026.