Notification No. 77/2025-Customs (N.T.), Dated 15-12-2025
1. Regulatory Background
The Central Government has issued a notification amending Notification No. 36/2001-Customs (N.T.), dated 03-08-2001, to revise tariff values applicable to certain specified imported goods. The amendment is aimed at aligning customs valuation with prevailing international prices and ensuring accurate levy of customs duties.
2. Substitution of Tariff Value Tables
Under the amendment, the existing TABLE-1, TABLE-2 and TABLE-3 annexed to the principal notification have been substituted to prescribe updated tariff values for a range of goods.
2.1 Goods Covered
The revised tables specify tariff values for the following imported items:
2.2 Edible Oils
- Crude Palm Oil
- RBD Palm Oil
- Palmolein
- Crude Soya Bean Oil
2.3 Metals and Scrap
- Brass Scrap
- Gold
- Silver
2.4 Agricultural Produce
-
Areca Nuts
3. Unit of Tariff Values
The updated tariff values are expressed in different units, depending on the nature of goods:
- US Dollars per Metric Tonne (MT) – for edible oils and brass scrap
- US Dollars per 10 grams – for gold
- US Dollars per kilogram – for silver and areca nuts
These tariff values will serve as the basis for assessment of customs duty, irrespective of the declared transaction value, wherever tariff valuation is applicable.
4. Applicability to Concessional Imports of Gold and Silver
The notification clarifies that the revised tariff values will also apply to:
-
Gold and silver imported under concessional benefit entries specified in Notification No. 45/2025-Customs, dated 24-10-2025
Accordingly, importers availing concessional duty benefits must compute duty liability using the revised tariff values.
5. Effective Date
The amended tariff values shall be effective from 16 December 2025.
From this date onwards:
- Customs duty on the covered goods must be assessed using the revised tariff values prescribed in the substituted tables.
- Earlier tariff values cease to apply for assessments made on or after this date.
6. Compliance Implications for Importers
Importers, customs brokers, and trade compliance teams should:
- Update valuation references and ERP systems with the revised tariff values
- Reassess duty incidence and landed cost calculations
- Ensure Bills of Entry filed on or after 16-12-2025 adopt the updated tariff values
- Review contracts and pricing mechanisms where tariff-based valuation affects cost pass-through
Failure to apply the revised tariff values may result in short-levy, reassessment, interest liability, or penal consequences.
7. Regulatory Intent
The revision of tariff values reflects the Government’s ongoing approach to:
- Maintain price parity with global markets
- Prevent under-invoicing or valuation disputes
- Ensure predictable and uniform customs assessments
- Safeguard revenue while providing clarity to trade
