This notification, issued by the Ministry of Finance (Department of Revenue) on June 30, 2025, revises tariff values for specific goods under Section 14(2) of the Customs Act, 1962. It amends Notification No. 36/2001-Customs N.T., dated August 3, 2001, by substituting new values for edible oils, brass scrap, gold, silver and areca nuts as detailed in TABLE1, TABLE2 and TABLE3.
TABLE 1 specifies the tariff values for various edible oils, including Crude Palm Oil (US$1006 per metric tonne), RBD Palm Oil (US$1032 per metric tonne), Others Palm Oil (US$1019 per metric tonne), Crude Palmolein (US$1044 per metric tonne), RBD Palmolein (US$1047 per metric tonne), Others Palmolein (US$1046 per metric tonne), Crude Soya bean Oil (US$1095 per metric tonne), and Brass Scrap all grades (US$5563 per metric tonne).
TABLE 2 outlines the tariff values for Gold and Silver. Gold, in any form, benefiting from Notification No. 50/2017-Customs, is valued at US$1054 per 10 grams. Silver, in any form, benefiting from Notification No. 50/2017-Customs, is valued at US$1164 per kilogram. Specific definitions and exclusions for gold and silver items are provided.
TABLE 3 indicates the tariff value for Areca nuts at US$6970 per metric ton with no change from previous valuations.
The notification takes effect on July 1, 2025. The principal notification was published as S.O. 748(E) on August 3, 2001, and last amended by Notification No. 43/2025-Customs N.T., dated June 13, 2025, published as S.O. 2632(E) on June 13, 2025. Release ID: 2140976.
Key Entities Referenced
Ministry of Finance: The Indian government ministry responsible for financial matters.
Customs Act, 1962: An act of the Indian Parliament that regulates customs duties and procedures.
Central Board of Indirect Taxes Customs: The apex body for indirect taxes in India, responsible for formulation of policy concerning Customs, Central Excise, Service Tax and Goods and Services Tax (GST).
Gazette of India: An official journal of the Indian government, publishing legal notices and notifications.
Crude Palm Oil: A type of edible oil listed with its tariff value.
Brass Scrap: A type of metal scrap listed with its tariff value.
Areca nuts: An agricultural commodity listed with its tariff value.
Notification No. 502017Customs: A customs notification that specifies the benefit of entries for gold and silver.
Ministry of Finance
Tariff Notification No. 44/2025-Customs (N.T.) in
respect of Fixation of Tariff Value for Edible Oils,
Brass Scrap, Areca Nut, Gold and Silver
Posted On: 30 JUN 2025 9:17PM by PIB Delhi
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
rd
Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3 August,
2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number
rd
S. O. 748 (E), dated the 3 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/ Tariff value
Sl. No. sub-heading/tariff Description of goods (US $Per Metric
item Tonne)
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 1006
2 1511 90 10 RBD Palm Oil 1032
3 1511 90 90 Others – Palm Oil 1019
4 1511 10 00 Crude Palmolein 1044
5 1511 90 20 RBD Palmolein 1047
6 1511 90 90 Others – Palmolein 1046
7 1507 10 00 Crude Soya bean Oil 1095
8 7404 00 22 Brass Scrap (all grades) 5563
TABLE-2
Chapter/ heading/
Sl. Tariff value
sub-heading/tariff Description of goods
No. (US $)
item
(1) (2) (3) (4)
Gold, in any form, in respect of which the
benefit of entries at serial number 356 of 1054 per 10
71 or 98
1. the Notification No. 50/2017-Customs grams
dated 30.06.2017 is availed
Silver, in any form, in respect of which
71 or 98 the benefit of entries at serial number 357
2. of the Notification No. 50/2017-Customs 1164 perkilogram
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;
(ii) Medallions and silver coins having
silver content not below 99.9% or semi-
1164 per
manufactured forms of silver falling
71 kilogram
under sub-heading 7106 92, other than
imports of such goods through post,
3.
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
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, 1054 per 10
71
courier or baggage. grams
Explanation. - For the purposes of this
4.
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
Chapter/ heading/
Sl. Tariff value
sub-heading/tariff Description of goods
No. (US $ Per Metric Ton)
item
(1) (2) (3) (4)
1 080280 Areca nuts 6970 (i.e., no change)”
st
This notification shall come into force with effect from the 01 day of July, 2025.
Note: - The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-
rd
3, Sub-section (ii), vide Notification No. 36/2001–Customs (N.T.), dated the 3 August, 2001, vide
rd
number S. O. 748 (E), dated the 3 August, 2001 and was last amended vide Notification No. 43/2025-
th
Customs (N.T.), dated the 13 June 2025 e-published in the Gazette of India, Extraordinary, Part-II,
th
Section-3, Sub-section (ii), vide number S.O. 2632 (E), dated 13 June 2025.
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NB/ KMN(Release ID: 2140976)