Date: 2025-06-13Category: Extra OrdinaryState: Union GovernmentCountry: India
In exercise of the powers conferred by sub section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs
## Report on Customs Notification No. 43/2025 - N.T.
**1. Executive Summary:**
This report analyzes Customs Notification No. 43/2025-N.T. issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs (CBIC). This notification amends an earlier notification (No. 36/2001-Customs N.T.) concerning tariff values for various goods. The core purpose is to update the tariff values for specific items, including palm oil, soybean oil, brass scrap, gold, silver, and areca nuts, which are used for customs duty assessment. Key findings include revised tariff values for these goods and a clarification on the definition of certain forms of silver and gold.
**2. Introduction:**
This report provides an overview and analysis of Customs Notification No. 43/2025-N.T., based solely on the information provided in the notification text. It aims to inform affected industries about the specific changes introduced to tariff values and related definitions for imported goods.
**3. Policy Overview:**
* This notification is an *amendment* to the original policy: Notification No. 36/2001-Customs N.T., dated the 3rd August, 2001.
* Core Objective(s) (inferred): To periodically update tariff values used in the calculation of customs duties to reflect current market prices and to provide clarity on specific classifications of goods for customs purposes.
**4. Background and Rationale:**
* Amendment Rationale (inferred): The rationale for this amendment is likely to adjust the applicable customs duties based on fluctuations in the global market values of the specified commodities. Amending the table facilitates accurate assessment of duties to prevent undervaluation or overvaluation of imports.The change in definition/explanation suggests a need to clarify what is/is not included within a certain tariff category.
**5. Key Provisions / Changes:**
This notification amends Notification No. 36/2001-Customs N.T. by *substituting* the existing TABLE1, TABLE2, and TABLE3 with new tables.
* **TABLE 1 (Palm Oil, Soybean Oil, Brass Scrap):** The amendment updates the tariff values (in US$ per Metric Tonne) for various types of Palm Oil (Crude, RBD, Others for both Palm Oil and Palmolein), Crude Soya Bean Oil, and Brass Scrap (all grades). The specific change is the numerical value of US$ per Metric Tonne listed for each category. The effect is an adjustment (either increase or decrease) in the assessable value for customs duty calculation for these commodities.
* **TABLE 2 (Gold & Silver):** This table updates the tariff values for Gold and Silver.
* The amendment revises the tariff values (in US$ per 10 grams or kilogram) for Gold and Silver depending on the forms of precious metals.
* It further clarifies the classification of silver by defining types that fall within subheading 7106 92 (medallions, silver coins, semi-manufactured forms). It explicitly excludes foreign currency coins, jewellery, and articles made of silver from being classified as silver.
* Similarly, it defines what falls within the classification of Gold. It specifies that Gold bars, other than tola bars, with manufacturer markings are included. It also includes gold coins with a certain gold content and "gold findings" (defined as small components used in jewelry).
* The effect of these changes is to more accurately reflect the international market prices and provide specific guidance for customs officers to determine duty on imported precious metals in various forms.
* **TABLE 3 (Areca Nuts):** The amendment updates the tariff value (in US$ per Metric Ton) for Areca nuts. As with Table 1, the specific change is the numerical value, and the effect is an adjustment to the assessable value for customs duty calculation.
**6. Target Audience and Stakeholders:**
The primary target audience and stakeholders for this notification include:
* Importers and exporters of palm oil, soybean oil, brass scrap, gold, silver, and areca nuts.
* Customs brokers and agents.
* Customs officials responsible for assessing and collecting import duties.
**7. Implementation Aspects (Inferred):**
* Responsible agency: Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue, Ministry of Finance.
* Timeline: The notification comes into force on the 14th day of June, 2025.
* Procedure: Customs officials will use the revised tariff values specified in the amended tables to determine the assessable value of imported goods for the purpose of calculating customs duties.
**8. Expected Outcomes / Impact of Changes:**
The expected outcomes and impact of these changes are:
* More accurate and up-to-date assessment of customs duties on imported palm oil, soybean oil, brass scrap, gold, silver, and areca nuts.
* Increased revenue collection for the government due to updated tariff values, if the change involved increases. Conversely, decreased revenue if the changes lowered the tariff values.
* Greater clarity and consistency in the classification of gold and silver products for customs purposes, potentially reducing disputes and delays in import clearance.
* Adjustments in the pricing and profitability of imported goods in the domestic market, reflecting the changes in customs duty.
**9. Conclusion:**
Customs Notification No. 43/2025-N.T. represents a periodic update to tariff values for specific imported goods, ensuring that customs duty assessments align with current market conditions. The amendment also provides valuable clarifications regarding the definition of certain forms of silver and gold for customs purposes. This notification is significant for stakeholders involved in the import and export of the listed commodities, as it directly impacts the calculation of import duties and, consequently, the cost of these goods. Affected businesses should carefully review the revised tariff values and definitions to ensure compliance and accurate financial planning.
Key Entities Referenced
INDIA: Country; appears in "THE GAZETTE OF INDIA".
NEW DELHI: Capital of India; place of publication of the notification.
FRIDAY, JUNE 13, 2025: Date of publication of the Gazette of India.
JYAISTHA 23, 1947: Date in the Indian national calendar corresponding to the date of publication.
MINISTRY OF FINANCE: The government ministry responsible for the Department of Revenue.
Department of Revenue: A department under the Ministry of Finance.
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS: An organization under the Department of Revenue.
NOTIFICATION: Type of document being analyzed.
Customs Act, 1962: The primary law that this notification amends; cited as '52 of 1962'.
No. 432025CUSTOMS N.T.: Notification number related to customs.
S.O. 2632E: Statutory Order number.
Government of India: The governing authority issuing the notification.
No. 362001Customs N.T.: Original notification number being amended.
3rd August, 2001: Date of the original notification No. 362001Customs N.T.
S. O. 748 E: Statutory Order number of the original notification.
TABLE1: A table listing tariff values for various goods.
TABLE2: A table listing tariff values for gold and silver.
TABLE3: A table listing tariff values for areca nuts.
Crude Palm Oil: Description of goods.
RBD Palm Oil: Description of goods.
Others Palm Oil: Description of goods.
Crude Palmolein: Description of goods.
RBD Palmolein: Description of goods.
Others Palmolein: Description of goods.
Crude Soya bean Oil: Description of goods.
Brass Scrap all grades: Description of goods.
Notification No. 1092: Notification number related to customs.
30.06.2017: Date of the notification No. 1092.
Silver: Precious metal.
Notification No. 502017Customs: Notification number related to customs.
Gold: Precious metal.
Areca nuts: Agricultural product; lists the tariff value in TABLE3.
14th day of June, 2025: Effective date of the notification.
F. No. 467012025Cus.V: File number associated with the notification.
MEGHA BANSAL: Name of the Under Secretary.
Under Secy.: Title of the person signing the notification.
Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi110064: Location where the document was printed.
Controller of Publications, Delhi110054: Publisher of the Gazette.
No. 422025Customs N.T.: Notification number related to customs.
11th June 2025: Date of the Notification No. 422025Customs N.T.
S.O. 2557 E: Statutory Order number.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-13062025-263790
CG-Dx Lx -x EG -I 1D 3H 0x 6x 2x
0 25-263790
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 2568] नई दिल्ली, िुक्रिार, िनू 13, 2025/ज्य ष्े ठ 23, 1947
No. 2568] NEW DELHI, FRIDAY, JUNE 13, 2025/JYAISTHA 23, 1947
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ं सीमा िल्ु क बोडड)
अजधसचू ना
नई दिल्ली, 13 िून, 2025
स.ं 43/2025-सीमा िल्ु क (ग.ैटै.)
का.आ. 2632(अ).— सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रितत्
िजियों का प्रयोग करत े हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा िुल्क बोडड, इस बात से संतुष्ट होने पर दक ऐसा करना आिश्यक
एिं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा िुल्क
(ग.ै टै.), दिनांक 3 अगस्ट्त, 2001, जिसे का.आ. 748 (अ), दिनांक 3 अगस्ट्त, 2001 के तहत भारत के रािपत्र, असाधारण
के भाग-II, खंड-3, उपखंड (ii) म ेंप्रकाजित दकया गया था, म ेंजनम्नजलजखत संिोधन करता ह,ै अथाडत:् -
उि अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की
िाएाँगी, अथाडत:् -
3866 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
"सारणी-1
क्रम. सं. अध्याय/शीर्ष/उपशीर्ष/ टैरिफ मूल्य
माल का विििण
टैरिफ मद
(अमिीकी डालि प्रवि मीवटिक टन)
(1) (2) (3) (4)
1 1511 10 00 कच्चा पॉम ऑयल 991
2 1511 90 10 आि बी डी पॉम ऑयल 1026
3 1511 90 90 अन्य पॉम ऑयल 1009
4 1511 10 00 कच्चा पामोवलन 1027
5 1511 90 20 आि बी डी पामोलीन 1030
6 1511 90 90 अन्य पामोलीन 1029
7 1507 10 00 सोयाबीन का कच्चा िेल 1063
8 7404 00 22 पीिल स्क्रै प (सभी ग्रेड) 5550
सारणी-2
क्रम. स.ं अध्याय/िीर्ड/
टैररफ मूल्य
उपिीर्/ड टैररफ माल का जििरण
(अमरीकी डालर)
मि
(1) (2) (3) (4)
1 71 या 98 स्ट्िण,ड दकसी भी रूप म,ें जिसके सम्बन्ध म ें अजधसूचना
संख्या 50/2017-सीमा िल्ु क, दिनांक 30.06.2017 1092 प्रजत 10 ग्राम
की प्रजिजष्ट संख्या 356 के अतं गडत लाभ प्राप्त दकया
गया हो
2 71 या 98 रित, दकसी भी रूप म,ें जिसके सम्बन्ध म ें अजधसूचना
संख्या 50/2017-सीमा िल्ु क, दिनांक 30.06.2017 1171 प्रजत दकलोग्राम
की प्रजिजष्ट संख्या 357 के अतं गडत लाभ प्राप्त दकया
गया हो
(i) रित, पिकीय या रित जसककों स ेजभन्न दकसी भी
रूप म,ें जिसकी रित अंतिडस्ट्त ु 99.9 प्रजतित स े
कम नहीं ह ै या उपिीर् ड 7106 92 के अधीन आन े
िाले रित के अध डजिजनर्मडत प्ररूप;
3 71 (ii) पिकीय या रित जसक्क े, जिसकी रित अंतिडस्ट्त ु 1171 प्रजत दकलोग्राम
99.9 प्रजतित स ेकम नहीं ह ैया डाक, कुररयर या
सामान के माध्यम स े ऐसे माल के आयात स े जभन्न
उपिीर् ड 7106 92 के अधीन आन े िाले रित के
अध ड जिजनर्मडत प्ररूप।[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिनों के जलए, दकसी भी
प्ररूप म ेंरित के अंतगडत जििेिी मुद्रा के जसक्क े, रित स े
बने आभूर्ण या रित स े बनी िस्ट्तुए ंनहीं ह।ैं
(i) स्ट्िणड बार, तोला बार स े जभन्न, जिस पर
जिजनमाडणकता ड या ररयाइनर का खुिा हुआ क्रम संख्यांक 1092 प्रजत 10 ग्राम
और जमररक यूजनटों म ें भार अजभव्यि ह;ै
(ii) स्ट्िणड जसक्क े, जिसम ें 99.5 प्रजतित स े अन्यून स्ट्िण ड
4 71
ह,ै और स्ट्िण डप्राजप्तयां, डाक, कुररयर या बैगेि के माध्यम
स े ऐसे माल के आयात स े जभन्न।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिन के जलए, "स्ट्िणड
प्राजप्तयां" से कोई छोटा संघटक, िैसे हुक, क्लास्ट्प, क्लैंप,
जपन, कैच, स्ट्क्रू बैक, जिसका उपयोग पूणड आभूर्ण या
उसके दकसी भाग को स्ट्थान में िोड़े रखन ेके जलए दकया
िाता ह,ै अजभप्रेत ह।ै
सारणी-3
क्रम. स.ं अध्याय/िीर्ड/ टैररफ मूल्य
उपिीर्/ड टैररफ माल का जििरण (अमरीकी डालर प्रजत
मि मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 6970
2. यह अजधसूचना 14 िून, 2025 से प्रभािी होगी I
[फा. स.ं 467/01/2025-सीमा िुल्क.V]
मेघा बंसल, अिर सजचि
नोट:- मूल अजधसूचना भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) म ें अजधसूचना स.ं 36/2001- सीमा
िुल्क (ग.ैटै.), दिनांक 3 अगस्ट्त, 2001, का.आ. 748 (अ), दिनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी, तथा
यह अंजतम बार अजधसूचना स.ं 42/2025-सीमािुल्क (ग.ैटै.), दिनांक 11 िून 2025, जिसे का.आ. 2557(अ)
दिनांक 11 िून 2025 के तहत भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) म ेंई-प्रकाजित दकया गया
था, के द्वारा संिोजधत की गई थीI4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
NOTIFICATION
New Delhi, the 13th June, 2025
No. 43/2025-CUSTOMS (N.T.)
S.O. 2632(E).— In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962
(52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so,
hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance
(Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India,
Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-
In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the following Tables shall be
substituted, namely: -
“TABLE-1
Chapter/ heading/ sub- Tariff value
Sl. No. Description of goods
heading/tariff item (US $Per Metric Tonne)
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 991
2 1511 90 10 RBD Palm Oil 1026
3 1511 90 90 Others – Palm Oil 1009
4 1511 10 00 Crude Palmolein 1027
5 1511 90 20 RBD Palmolein 1030
6 1511 90 90 Others – Palmolein 1029
7 1507 10 00 Crude Soya bean Oil 1063
8 7404 00 22 Brass Scrap (all grades) 5550
TABLE-2
Sl. No. Chapter/ heading/ sub- Description of goods Tariff value
heading/tariff item (US $)
(1) (2) (3) (4)
Gold, in any form, in respect of which the benefit of
1. 71 or 98 entries at serial number 356 of the Notification No. 1092 per 10 grams
50/2017-Customs dated 30.06.2017 is availed
1171 per kilogram
Silver, in any form, in respect of which the benefit of
2.
71 or 98 entries at serial number 357 of the Notification No.
50/2017-Customs dated 30.06.2017 is availed
(i) Silver, in any form, other than medallions and
silver coins having silver content not below
99.9% or semi-manufactured forms of silver
falling under sub-heading 7106 92;
3. 71 (ii) Medallions and silver coins having silver
content not below 99.9% or semi-manufactured
forms of silver falling under sub-heading 7106 1171 per kilogram
92, other than imports of such goods through
post, courier or baggage.
Explanation. - For the purposes of this entry, silver
in any form shall not include foreign currency coins,
jewellery made of silver or articles made of silver.[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5
(i) Gold bars, other than tola bars, bearing
manufacturer’s or refiner’s engraved serial
number and weight expressed in metric units;
(ii) Gold coins having gold content not below
4. 71
99.5% and gold findings, other than imports of
1092 per 10 grams
such goods through post, courier or baggage.
Explanation. - For the purposes of this entry, “gold
findings” means a small component such as hook,
clasp, clamp, pin, catch, screw back used to hold the
whole or a part of a piece of Jewellery in place.
TABLE-3
Sl. No. Chapter/ heading/ sub- Description of goods Tariff value
heading/tariff item (US $ Per Metric Ton)
(1) (2) (3) (4)
1 080280 Areca nuts 6970
2. This notification shall come into force with effect from the 14th day of June, 2025.
[F. No. 467/01/2025-Cus.V]
MEGHA BANSAL, Under Secy.
Note: - The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3,
Sub-section (ii), vide Notification No. 36/2001–Customs (N.T.), dated the 3rd August, 2001, vide number
S. O. 748 (E), dated the 3rd August, 2001 and was last amended vide Notification No. 42/2025-Customs (N.T.),
dated the 11th June 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii),
vide number S.O. 2557 (E), dated 11th June 2025.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.