{"id":8751,"date":"2026-04-18T17:20:10","date_gmt":"2026-04-18T11:50:10","guid":{"rendered":"https:\/\/www.centaxonline.com\/blog\/?p=8751"},"modified":"2026-04-19T10:22:34","modified_gmt":"2026-04-19T04:52:34","slug":"revision-of-tariff-values-for-specified-goods-under-customs-notification","status":"publish","type":"post","link":"https:\/\/www.centaxonline.com\/blog\/revision-of-tariff-values-for-specified-goods-under-customs-notification","title":{"rendered":"Revision of Tariff Values for Specified Goods Under Customs | Notification"},"content":{"rendered":"

Notification No. 37\/2026-Customs (N.T.)<\/a>, Dated 15-04-2026<\/p>\n

The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification amending Notification No. 36\/2001-Customs (N.T.)<\/a>, dated 03-08-2001<\/strong>, revising tariff values for specified goods.<\/p>\n

1. Substitution of Tables<\/span><\/h2>\n
    \n
  • TABLE-1, TABLE-2, and TABLE-3<\/strong> of the notification have been substituted<\/strong><\/li>\n
  • The revised tables provide updated tariff values for notified goods<\/strong><\/li>\n<\/ul>\n

    2. Revised Tariff Values for Key Commodities<\/span><\/h2>\n

    The notification specifies tariff values for:<\/p>\n

      \n
    • Edible Oils<\/strong>:<\/li>\n<\/ul>\n
        \n
      1. \n
          \n
        1. Crude palm oil<\/li>\n
        2. RBD palm oil<\/li>\n
        3. Other palm oil<\/li>\n
        4. Crude palmolein<\/li>\n
        5. RBD palmolein<\/li>\n
        6. Other palmolein<\/li>\n
        7. Crude soybean oil<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n
            \n
          • Other Goods<\/strong>:<\/li>\n<\/ul>\n
              \n
            1. \n
                \n
              1. Brass scrap<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n

                3. Tariff Values for Precious Metals and Areca Nuts<\/span><\/h2>\n

                The notification also prescribes tariff values for:<\/p>\n

                  \n
                • Gold and silver<\/strong> (in any form, subject to specified conditions)<\/li>\n
                • Areca nuts<\/strong><\/li>\n<\/ul>\n

                  4. Effective Date<\/span><\/h2>\n
                    \n
                  • The revised tariff values shall come into force from 16th April 2026<\/strong><\/li>\n<\/ul>\n

                    5. Objective of the Amendment<\/span><\/h2>\n

                    The revision aims to:<\/p>\n

                      \n
                    • Align tariff values with prevailing international prices<\/strong><\/li>\n
                    • Ensure accurate customs duty assessment<\/strong><\/li>\n
                    • Prevent undervaluation and revenue leakage<\/strong><\/li>\n<\/ul>\n

                      6. Conclusion<\/span><\/h2>\n

                      The amendment ensures that customs valuation remains current and reflective of market realities<\/strong>, thereby strengthening revenue administration and compliance<\/strong> under the customs framework.<\/p>\n","protected":false},"excerpt":{"rendered":"

                      Notification No. 37\/2026-Customs (N.T.), Dated 15-04-2026 The Central Board of Indirect Taxes…<\/p>\n","protected":false},"author":19,"featured_media":8761,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,178,47],"tags":[],"class_list":["post-8751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-customs","category-customs-news","category-customs-statutory-scope"],"yoast_head":"\nRevision of Tariff Values for Specified Goods Under Customs | Notification<\/title>\n<meta name=\"description\" content=\"CBIC updates tariff values for palm oils, soybean oil, brass scrap, gold, silver and areca nut via Customs notification effective April 16, 2026.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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