CBIC Revises Tariff Values For Gold, Silver, Edible Oils And Brass Scrap
The Central Board of Indirect Taxes and Customs (CBIC) has updated tariff values for edible oils, brass scrap, gold, silver and areca nuts.
By a notification issued on 15 January 2026, the CBIC notified revised tariff values effective from 16 January 2026, fixing the tariff value of gold at USD 1,483 per 10 grams and silver at USD 2,950 per kilogram.
The CBIC has also notified that there is no change in the tariff value of areca nuts falling under tariff item 080280.
Further, revised tariff values have been notified for various edible oils and all kinds of brass scrap.
| Description with Tariff Item Number | Tariff Value (US $ Per Metric Tonne) |
| Crude Palm Oil (1511 10 00) | 1075 |
| RBD Palm Oil (1511 90 10) | 1084 |
| Others – Palm Oil (1511 90 90) | 1080 |
| Crude Palmolein (1511 10 00 | 1088 |
| RBD Palmolein (1511 90 20) | 1091 |
| Others – Palmolein (1511 90 90) | 1090 |
| Crude Soya bean Oil (1507 10 00) | 1173 |
| Brass Scrap All Grades (7404 00 22) | 7096 |
Click here to read/download CBIC Notification No. 06/2026-Customs (N.T.) dated January 15, 2026.