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Date: 13-Mar-2025 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, being satisfied that it is necessary and expedient to do so

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Key Changes

  • RBD Palmolein: Tariff value updated to $1191 per metric ton.
  • Other Palmolein: Tariff value updated to $1190 per metric ton.
  • Crude Palm Oil: Tariff value updated to $1169 per metric ton.
  • RBD Palm Oil: Tariff value updated to $1172 per metric ton.
  • Other Palm Oils: Tariff value updated to $1171 per metric ton.
  • Crude Palmolein: Tariff value updated to $1188 per metric ton.
  • Crude Soybean Oil: Tariff value updated to $1098 per metric ton.
  • Brass Scrap (all grades): Tariff value updated to $5438 per metric ton.
  • Gold (in any form, under Notification No. 50/2017-Customs): Tariff value updated to $941 per 10 grams.
  • Silver (in any form, under Notification No. 50/2017-Customs): Tariff value updated to $1067 per kilogram.
  • Areca nuts: Tariff value remains unchanged at $8140 per metric ton.

What it means

  • The notification No. 13/2025-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 replaces TABLE-1, TABLE-2, and TABLE-3 of the original notification with updated values.
  • The changes pertain to tariff values for items including crude palm oil, RBD palm oil, other palm oils, crude palmolein, RBD palmolein, other palmolein, crude soybean oil, brass scrap, gold, silver and areca nuts.
  • The notification comes into effect on March 14, 2025.

Impact Analysis

Importers and Traders

  • Action Items: Traders need to monitor market prices closely to remain competitive.

Consumers

  • Action Items: Monitor retail prices of food products containing these oils to understand the impact on household budgets.

Gold and Silver Industry

  • Action Items: Jewelry manufacturers should adjust pricing based on the updated tariff values. Investors should re-evaluate investment strategies considering the revised import costs.

Brass Industry

  • Action Items: Brass manufacturers should review sourcing strategies and cost structures to mitigate the impact of the tariff change.

Government Revenue

  • Action Items: Government agencies should monitor import volumes and revenue collection to assess the overall impact of the tariff changes.

Key Entities Referenced

Central Board of Indirect Taxes and Customs (CBIC): The agency responsible for issuing the notification and setting tariff values. Ministry of Finance, Department of Revenue: The government body overseeing the CBIC and responsible for fiscal policy. Customs Act, 1962: The primary legislation governing customs duties and import/export regulations in India. Section 14(2) provides the CBIC with the power to determine tariff values. Notification No. 36/2001-Customs (N.T.): The original notification being amended by this notification, which establishes the tariff values for various goods. Notification No. 50/2017-Customs dated 30.06.2017: Notification providing benefits related to gold and silver imports, referenced in the current notification. Notification No. 12/2025-Customs (N.T.): The previous notification that amended Notification No. 36/2001-Customs (N.T.)
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-13032025-261613 CG-DxLx-xEG-I1D3H0x3x2x0 25-261613 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.ं 1197] नई दिल्ली, बृहस्ट्प जतिार, माच ड13, 2025/फाल्ग नु 22, 1946 No. 1197] NEW DELHI, THURSDAY, MARCH 13, 2025/PHALGUNA 22, 1946 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केंद्रीय अप्रत्यक्ष कर एि ं सीमा िल्ु क बोडड) अजधसचू ना नई दिल्ली, 13 माच,ड 2025 स.ं 13/2025-सीमा िल्ु क (ग.ैटै.) का.आ. 1210(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.ै ट.ै ), दिनांक 3 अगस्ट्त, 2001, जिसे 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 सारजणया ाँ प्रजतस्ट्थाजपत की िाएाँगी, अथाडत:् - 1756 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] "सारणी-1 क्रम. स.ं अध्याय/िीर्/ड उपिीर्/ड टैररफ मूल्य माल का जििरण टैररफ मि (अमरीकी डालर प्रजत मीररक टन) (1) (2) (3) (4) 1 1511 10 00 कच् चा पॉम ऑयल 1169 2 1511 90 10 आर बी डी पॉम ऑयल 1172 3 1511 90 90 अन्य पॉम ऑयल 1171 4 1511 10 00 कच् चा पामोजलन 1188 5 1511 90 20 आर बी डी पामोलीन 1191 6 1511 90 90 अन्य पामोलीन 1190 7 1507 10 00 सोयाबीन का कच् चा तेल 1098 8 7404 00 22 पीतल स्ट्क्रैप (सभी ग्रडे ) 5438 सारणी-2 क्रम. स.ं अध्याय/िीर्/ड टैररफ मूल्य 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 941 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 1067 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 अंतिडस्ट्तु 99.9 प्रजतित स े कम नहीं ह ैया उपिीर् ड7106 92 के अधीन आने िाले रित के अधड जिजनर्मडत प्ररूप; 3 71 (ii) पिकीय या रित जसक्क े, जिसकी रित अंतिडस्ट्त ु99.9 1067 प्रजत दकलोग्राम प्रजतित स ेकम नहीं ह ैया डाक, कुररयर या सामान के माध्यम स ेऐस ेमाल के आयात स ेजभन्न उपिीर्ड 7106 92 के अधीन आने िाले रित के अधड 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।ैं[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 (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;ै (ii) स्ट्िणड जसक्क े, जिसम ें 99.5 प्रजतित स ेअन्यून स्ट्िण ड ह,ै 4 71 941 प्रजत 10 ग्राम और स्ट्िणड प्राजप्तयां, डाक, कुररयर या बैगेि के माध्यम स े ऐस े माल के आयात स े जभन्न। स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिन के जलए, "स्ट्िण ड प्राजप्तयां" स े कोई छोटा संघटक, िैसे हुक, क्लास्ट्प, क्लैंप, जपन, कैच, स्ट्क्रू बैक, जिसका उपयोग पूण डआभूर्ण या उसके दकसी भाग को स्ट्थान म ें िोड़े 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 14 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, खडं -3, उपखडं (ii) म ें अजधसूचना स.ं 36/2001- सीमा िुल्क (ग.ैटै.), दिनांक 3 अगस्ट्त, 2001, का.आ. 748 (अ), दिनाकं 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी, तथा यह अंजतम बार अजधसूचना सं. 12/2025-सीमािुल्क (ग.ैटै.), दिनांक 28 फ़रिरी 2025, जिसे का.आ. 1065(अ) दिनांक 28 फ़रिरी 2025 के तहत भारत के रािपत्र, असाधारण के भाग-II, खडं -3, उपखंड (ii) में 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 March, 2025 No. 13/2025-CUSTOMS (N.T.) S.O. 1210(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 1169 2 1511 90 10 RBD Palm Oil 1172 3 1511 90 90 Others – Palm Oil 1171 4 1511 10 00 Crude Palmolein 1188 5 1511 90 20 RBD Palmolein 1191 6 1511 90 90 Others – Palmolein 1190 7 1507 10 00 Crude Soya bean Oil 1098 8 7404 00 22 Brass Scrap (all grades) 5438 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. 941 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. 50/2017-Customs dated 30.06.2017 is availed 1067 per kilogram (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 92, other than 1067 per kilogram 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. (i) Gold bars, other than tola bars, bearing 4. 71 manufacturer’s or refiner’s engraved serial number 941 per 10 grams and weight expressed in metric units;[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5 (ii) Gold coins having gold content not below 99.5% and gold findings, other than imports of 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 14th 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 €, dated the 3rd August, 2001 and was last amended vide Notification No. 12/2025-Customs (N.T.), dated the 28th February 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 1065 €, dated 28th February 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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