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Date: 2025-03-28 Category: Extra Ordinary State: Union Government Country: 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

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The notification No. 17/2025-Customs (N.T.) issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, amends Notification No. 36/2001-Customs (N.T.) to revise tariff values for various goods. It substitutes TABLE-1, TABLE-2, and TABLE-3 of the original notification with updated values. The notification is effective from March 29, 2025.

Key Changes

  • Revised tariff values for Crude Palm Oil (US $1158 per metric ton), RBD Palm Oil (US $1160 per metric ton), Other Palm Oil (US $1159 per metric ton), Crude Palmolein (US $1174 per metric ton), RBD Palmolein (US $1177 per metric ton), Other Palmolein (US $1176 per metric ton) and Crude Soybean Oil (US $1064 per metric ton).
  • Revised tariff value for Brass Scrap (all grades) is US $5698 per metric ton.
  • Revised tariff value for Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed is US $984 per 10 grams.
  • Revised tariff value for Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed is US $1102 per kilogram.
  • Revised tariff value for (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; (ii) Medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92, other than imports of such goods through post, courier or baggage is US $1102 per kilogram.
  • Revised tariff value for (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 99.5% and gold findings, other than imports of such goods through post, courier or baggage is US $984 per 10 grams.
  • The tariff value for Areca nuts remains unchanged at US $8140 per metric ton.

Impact Analysis

Importers

  • Importers availing benefits under Notification No. 50/2017-Customs need to take note of the revised tariff values for gold and silver.

Exporters

  • Exporters need to monitor how these changes affect the competitiveness of Indian goods in the international market.

Consumers

  • If import costs increase significantly, businesses may pass on the increased costs to consumers, leading to inflation.

Government

  • The government should monitor the impact of these changes on domestic industries and consumer prices to make informed policy decisions.

Action Items

  • Engage with industry associations and government bodies to address any concerns or seek clarifications.

Key Entities Referenced

Central Board of Indirect Taxes and Customs (CBIC): The governing body responsible for formulating policy concerning levy and collection of customs, central excise duties, and service tax. It is a part of the Department of Revenue under the Ministry of Finance. Customs Act, 1962: The legislation that governs the levy and collection of customs duties in India. Notification No. 36/2001-Customs (N.T.): The original notification that is being amended by this notification. It contains the initial tariff values for various goods. Notification No. 50/2017-Customs: Notification providing concessional import duty on Gold/Silver.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-28032025-262089 CG-DxLx-xEG-I2D8H0x3x2x0 25-262089 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY सं. 1499] नई दिल्ली, िुक्रिार, माच ड28, 2025/चत्रै 7, 1947 No. 1499] NEW DELHI, FRIDAY, MARCH 28, 2025/CHAITRA 7, 1947 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केंद्रीय अप्रत्यक्ष कर एिं सीमा िल्ु क बोडड) अजधसचू ना नई दिल्ली, 28 माच,ड 2025 स.ं 17/2025-सीमा िल्ु क (ग.ैटै.) का. आ. 1517(अ).—सीमा िल्ु क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रित्त िजियों का प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा िुल्क बोडड, इस बात स े संतुष्ट होन ेपर दक ऐसा करना आिश्यक एिं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा िल्ु क (ग.ै टै.), दिनांक 3 अगस्ट्त, 2001, जिस े का.आ. 748(अ), दिनांक 3 अगस्ट्त, 2001 के तहत भारत के रािपत्र, असाधारण के भाग-II, खडं -3, उपखडं (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:् - 2231 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] "सारणी-1 क्रम. स.ं अध्याय/िीर्/ड उपिीर्/ड टैररफ मल्ू य माल का जििरण टैररफ मि (अमरीकी डालर प्रजत मीररक टन) (1) (2) (3) (4) 1 1511 10 00 कच् चा पॉम ऑयल 1158 2 1511 90 10 आर बी डी पॉम ऑयल 1160 3 1511 90 90 अन्य पॉम ऑयल 1159 4 1511 10 00 कच् चा पामोजलन 1174 5 1511 90 20 आर बी डी पामोलीन 1177 6 1511 90 90 अन्य पामोलीन 1176 7 1507 10 00 सोयाबीन का कच् चा तेल 1064 8 7404 00 22 पीतल स्ट्क्रैप (सभी ग्रडे ) 5698 सारणी-2 क्रम. स.ं अध्याय/िीर्/ड टैररफ मल्ू य उपिीर्/ड टैररफ माल का जििरण (अमरीकी डालर) मि (1) (2) (3) (4) 1 71 या 98 स्ट्िणड, दकसी भी रूप म,ें जिसके सम्बन्ध म ें अजधसूचना संख्या 50/2017-सीमा िल्ु क, दिनांक 30.06.2017 की 984 प्रजत 10 ग्राम प्रजिजष्ट संख्या 356 के अतं गतड 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 की 1102 प्रजत दकलोग्राम प्रजिजष्ट संख्या 357 के अतं गतड लाभ प्राप्त दकया गया हो (i) रित, पिकीय या रित जसक्क ों स े जभन्न दकसी भी रूप म,ें जिसकी रित अंतिडस्ट्त ु 99.9 प्रजतित स े कम नहीं ह ै या उपिीर् ड 7106 92 के अधीन आन े िाल े रित के अध ड जिजनर्मडत प्ररूप; 3 71 (ii) पिकीय या रित जसक्क े, जिसकी रित अंतिडस्ट्त ु 1102 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 आने िाले रित के अध ड[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 जिजनर्मडत प्ररूप। स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिनों के जलए, दकसी भी प्ररूप म ें रित के अतं गतड जििेिी मुद्रा के जसक्क े, रित स े बन े आभूर्ण या रित स े बनी िस्ट्तएु ं नहीं ह।ैं (i) स्ट्िणड बार, तोला बार स े जभन्न, जिस पर जिजनमाडणकता ड या ररयाइनर का खुिा हुआ क्रम संख्यांक और जमररक यूजनटों म ेंभार अजभव्यि ह;ै 4 71 (ii) स्ट्िणड जसक्क े, जिसम ें 99.5 प्रजतित स े अन्यनू स्ट्िणड ह,ै 984 प्रजत 10 ग्राम और स्ट्िण ड प्राजप्तयां, डाक, कुररयर या बैगेि के माध्यम स े ऐसे माल के आयात स े जभन्न। स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिन के जलए, "स्ट्िणड प्राजप्तयां" स े कोई छोटा संघटक, िैसे हुक, क्लास्ट्प, क्लैंप, जपन, कैच, स्ट्क्रू बैक, जिसका उपयोग पूण ड आभूर्ण या उसके दकसी भाग को स्ट्थान म ें िोड़ े रखने के जलए दकया िाता ह,ै अजभप्रेत ह।ै सारणी-3 क्रम. स.ं अध्याय/िीर्/ड टैररफ मूल्य उपिीर्/ड टैररफ माल का जििरण (अमरीकी डालर प्रजत मि मीररक टन) (1) (2) (3) (4) 1 8140 (अथाडत कोई 080280 सुपारी पररितडन नहीं)” 2. यह अजधसूचना 29 माच,ड 2025 से प्रभािी होगी I [फा. स.ं 467/01/2025-सीमा िुल्क.V] संिीत कुमार, अिर सजचि नोट:- मलू अजधसूचना भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखडं (ii) म ें अजधसूचना स.ं 36/2001- सीमा िुल्क (ग.ै ट.ै ), दिनांक 3 अगस्ट्त, 2001, का.आ. 748(अ), दिनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी, तथा यह अंजतम बार अजधसूचना स.ं 13/2025-सीमािुल्क (ग.ैटै.), दिनांक 13 माच ड 2025, जिसे का.आ. 1210(अ) दिनांक 13 माच ड 2025 के तहत भारत के रािपत्र, असाधारण के भाग-II, खडं -3, उपखडं (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 28th March, 2025 No. 17/2025-CUSTOMS (N.T.) S.O. 1517(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 1158 2 1511 90 10 RBD Palm Oil 1160 3 1511 90 90 Others – Palm Oil 1159 4 1511 10 00 Crude Palmolein 1174 5 1511 90 20 RBD Palmolein 1177 6 1511 90 90 Others – Palmolein 1176 7 1507 10 00 Crude Soya bean Oil 1064 8 7404 00 22 Brass Scrap (all grades) 5698 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. 984 per 10 grams 50/2017-Customs dated 30.06.2017 is availed Silver, in any form, in respect of which the benefit of 71 or 98 entries at serial number 357 of the Notification No. 2. 1102 per kilogram 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; 1102 per kilogram 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 92, other than imports of such goods through post, courier or baggage.[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5 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. (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 984 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 8140 (i.e., no change)” 2. This notification shall come into force with effect from the 29th day of March, 2025. [F. No. 467/01/2025-Cus.V] SANJEET KUMAR, 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. 13/2025-Customs (N.T.), dated the 13th March 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 1210(E), dated 13th March 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.

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