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Core Purpose

This notification amends Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, by substituting TABLE-1, TABLE-2, and TABLE-3, in exercise of powers under sub-section (2) of section 14 of the Customs Act, 1962.

Detailed Summary

The Ministry of Finance (Department of Revenue), Central Board of Indirect Taxes and Customs, issued Notification No. 42/2025-CUSTOMS (N.T.) (S.O. 2557(E)) on 11th June, 2025, in exercise of powers under sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962). This notification amends the Government of India's Notification No. 36/2001-Customs (N.T.), dated 3rd August, 2001 (S. O. 748 (E)), by substituting TABLE-1, TABLE-2, and TABLE-3. TABLE-1 specifies tariff values (US $ Per Metric Tonne) for various goods, all indicating 'no change': Crude Palm Oil (965), RBD Palm Oil (1018), Others - Palm Oil (992), Crude Palmolein (1023), RBD Palmolein (1026), Others - Palmolein (1025), Crude Soya bean Oil (1092), and Brass Scrap (all grades) (5483). TABLE-2 sets tariff values (US $) for Gold (1067 per 10 grams) and Silver (1189 per kilogram), applicable to specific forms and referencing Notification No. 50/2017-Customs dated 30.06.2017, also noting 'no change'; it includes definitions and exclusions for certain forms of silver and gold. TABLE-3 establishes the tariff value for Areca nuts at 6970 US $ Per Metric Ton, with 'no change'. The notification comes into force on 12th June, 2025. The principal notification was last amended by Notification No. 38/2025-Customs (N.T.), dated 30th May 2025 (S.O. 2438 (E)).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-11062025-263732 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 2493] NEW DELHI, WEDNESDAY, JUNE 11, 2025/JYAISTHA 21, 1947 [F. No. 467/01/2025-सीमा शुल्क.V] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 11th June, 2025 No. 42/2025-CUSTOMS (Ν.Τ.) S.O. 2557(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 +-----+-----------------------------+-------------------------+ | Sl. | Chapter/heading/ | Description of goods | | No. | sub-heading/tariff | | | | item | | +=====+=============================+=========================+ | (1) | (2) | (3) | +-----+-----------------------------+-------------------------+ | 1 | 1511 10 00 | Crude Palm Oil | +-----+-----------------------------+-------------------------+ | 2 | 1511 90 10 | RBD Palm Oil | +-----+-----------------------------+-------------------------+ | 3 | 1511 90 90 | Others - Palm Oil | +-----+-----------------------------+-------------------------+ | 4 | 1511 10 00 | Crude Palmolein | +-----+-----------------------------+-------------------------+ | 5 | 1511 90 20 | RBD Palmolein | +-----+-----------------------------+-------------------------+ | 6 | 1511 90 90 | Others - Palmolein | +-----+-----------------------------+-------------------------+ | 7 | 1507 10 00 | Crude Soya bean Oil | +-----+-----------------------------+-------------------------+ | 8 | 7404 00 22 | Brass Scrap (all grades)| +-----+-----------------------------+-------------------------+ Tariff value (US $ Per Metric Tonne) (4) 965 (i.e., no change) 1018(i.e., no change) 992(i.e., no change) 1023(i.e., no change) 1026(i.e., no change) 1025(i.e., no change) 1092(i.e., no change) 5483(i.e., no change) TABLE-2 +-----+-----------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------------------------+ | Sl. | Chapter/heading/ | Description of goods | Tariff value | | No. | sub-heading/tariff | | (US $) | | | item | | | +=====+=============================+=====================================================================================================================================================================================================================================================================================================================================================================================================+==========================+ | (1) | (2) | (3) | (4) | +-----+-----------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------------------------+ | 1. | 71 or 98 | Gold, in any form, in respect of which the | 1067 per 10 grams | | | | benefit of entries at serial number 356 of the | (i.e., no change) | | | | Notification No. 50/2017-Customs dated | | | | | 30.06.2017 is availed | | +-----+-----------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------------------------+ | 2. | 71 or 98 | Silver, in any form, in respect of which the | 1189 per kilogram | | | | benefit of entries at serial number 357 of the | | | | | Notification No. 50/2017-Customs dated | | | | | 30.06.2017 is availed | | +-----+-----------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------------------------+ | 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 | 1189 per kilogram | | | | 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. | | +-----+-----------------------------+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------------------------+ | 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 | 1067 per 10 | | | | below 99.5% and gold findings, other | grams (i.e., no | | | | than imports of such goods through post, | change) | | | | 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. | Chapter/heading/ | Description of goods | Tariff value | | No. | sub-heading/tariff | | (US $ Per Metric Ton) | | | item | | | +=====+=============================+==================+=========================+ | (1) | (2) | (3) | (4) | +-----+-----------------------------+------------------+-------------------------+ | 1 | 080280 | Areca nuts | 6970 (i.e., no change)" | +-----+-----------------------------+------------------+-------------------------+ 2. This notification shall come into force with effect from the 12th day of June, 2025. MEGHA BANSAL, 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. 38/2025-Customs (N.T.), dated the 30th May 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2438 (E), dated 30th May 2025.

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