Notification No. 37/2026-Customs (N.T.), Dated 15-04-2026
The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification amending Notification No. 36/2001-Customs (N.T.), dated 03-08-2001, revising tariff values for specified goods.
1. Substitution of Tables
- TABLE-1, TABLE-2, and TABLE-3 of the notification have been substituted
- The revised tables provide updated tariff values for notified goods
2. Revised Tariff Values for Key Commodities
The notification specifies tariff values for:
- Edible Oils:
-
- Crude palm oil
- RBD palm oil
- Other palm oil
- Crude palmolein
- RBD palmolein
- Other palmolein
- Crude soybean oil
- Other Goods:
-
- Brass scrap
3. Tariff Values for Precious Metals and Areca Nuts
The notification also prescribes tariff values for:
- Gold and silver (in any form, subject to specified conditions)
- Areca nuts
4. Effective Date
- The revised tariff values shall come into force from 16th April 2026
5. Objective of the Amendment
The revision aims to:
- Align tariff values with prevailing international prices
- Ensure accurate customs duty assessment
- Prevent undervaluation and revenue leakage
6. Conclusion
The amendment ensures that customs valuation remains current and reflective of market realities, thereby strengthening revenue administration and compliance under the customs framework.
