FinMin Increases Customs Tariff Values for Gold and Silver [Read Notification]

Sl. No.

Chapter / Heading / Sub-heading / Tariff Item

Description of Goods

Tariff Value (US $ per Metric Tonne)

1

1511 10 00

Crude Palm Oil

1066 (no change)

2

1511 90 10

RBD Palm Oil

1075 (no change)

3

1511 90 90

Others – Palm Oil

1071 (no change)

4

1511 10 00

Crude Palmolein

1079 (no change)

5

1511 90 20

RBD Palmolein

1082 (no change)

6

1511 90 90

Others – Palmolein

1081 (no change)

7

1507 10 00

Crude Soyabean Oil

1186 (no change)

8

7404 00 22

Brass Scrap (all grades)

7284 (no change)

Sl. No.

Chapter/Heading/Sub-heading/Tariff Item

Description of Goods

New Tariff Value (US $)

1

71 or 98

Gold, in any form, in respect of which the benefit of entries at serial number 194 of the Notification No. 45/2025-Customs dated 24.10.2025 is availed

1605 per 10 grams (increased)

2

71 or 98

Silver, in any form, in respect of which the benefit of entries at serial number 195 of the Notification No. 45/2025-Customs dated 24.10.2025 is availed

2934 per kilogram (increased)

3

71

(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.

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.

2934 per kilogram (increased)

4

71

(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.

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.

1605 per 10 grams (increased)

Sl. No.

Chapter/Heading/Sub-heading/Tariff Item

Description of Goods

New Tariff Value (US $ Per Metric Tonne)

1

080280

Areca Nuts

7679 (no change)