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Core Purpose

The Central Board of Indirect Taxes & Customs amends Notification No. 36/2001-Customs (N.T.), dated 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), through the Central Board of Indirect Taxes and Customs, issued Notification No. 50/2025-CUSTOMS (N.Τ.), S.O. 3762(E) on 14th August, 2025, to amend its previous Notification No. 36/2001-Customs (N.T.), dated 3rd August, 2001 (S. O. 748(E)). This amendment, made under sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), involves the substitution of TABLE-1, TABLE-2, and TABLE-3 in the principal notification. The new TABLE-1 specifies tariff values (US $ Per Metric Tonne) for Crude Palm Oil (1030), RBD Palm Oil (1050), Others - Palm Oil (1040), Crude Palmolein (1056), RBD Palmolein (1059), Others - Palmolein (1058), Crude Soya bean Oil (1134), and Brass Scrap (all grades) (5542). The new TABLE-2 sets tariff values (US $) for Gold at 1083 per 10 grams and Silver at 1246 per kilogram, applicable to specific forms under Chapter 71 or 98, particularly those availing benefits from Notification No. 50/2017-Customs dated 30.06.2017 (serial numbers 356 and 357). It includes specific exclusions for silver (e.g., foreign currency coins, jewellery) and gold (e.g., imports through post, courier or baggage). The new TABLE-3 establishes a tariff value of 7463 US $ Per Metric Ton for Areca nuts (Chapter/heading/sub-heading/tariff item 080280). This notification comes into force on 15th August, 2025. The principal notification was last amended by Notification No. 49/2025-Customs (N.T.), dated 31st July 2025 (S.O. 3540(E)).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-14082025-265448 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 3666] NEW DELHI, THURSDAY, AUGUST 14, 2025/SHRAVANA 23, 1947 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 14th August, 2025 No. 50/2025-CUSTOMS (N.Τ.) S.O. 3762(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. No. | Chapter/heading/ sub- | Description of goods | Tariff value | | | heading/tariff item | | (US $Per Metric Tonne) | +-------+--------------------------+-------------------------+-------------------------+ | (1) | (2) | (3) | (4) | +-------+--------------------------+-------------------------+-------------------------+ | 1 | 1511 10 00 | Crude Palm Oil | 1030 | | 2 | 1511 90 10 | RBD Palm Oil | 1050 | | 3 | 1511 90 90 | Others - Palm Oil | 1040 | | 4 | 1511 10 00 | Crude Palmolein | 1056 | | 5 | 1511 90 20 | RBD Palmolein | 1059 | | 6 | 1511 90 90 | Others - Palmolein | 1058 | | 7 | 1507 10 00 | Crude Soya bean Oil | 1134 | | 8 | 7404 00 22 | Brass Scrap (all grades)| 5542 | +-------+--------------------------+-------------------------+-------------------------+ TABLE-2 +-------+--------------------------+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+-------------------+ | Sl. No. | Chapter/heading/ sub- | Description of goods | Tariff value | | | heading/tariff item | | (US $) | +-------+--------------------------+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+-------------------+ | (1) | (2) | (3) | (4) | +-------+--------------------------+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+-------------------+ | 1. | 71 or 98 | Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed | 1083 per 10 grams | | 2. | 71 or 98 | Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed | 1246 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 imports of such goods through post, courier or baggage. | 1246 per kilogram | | | | 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; | 1083 per 10 grams | | | | (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 | 7463" | +-------+--------------------------+---------------------+-------------------------+ 2. This notification shall come into force with effect from the 15th day of August, 2025. [F. No. 467/01/2025-Cus.V] DHEERAJ SHARMA, 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. 49/2025-Customs (N.T.), dated the 31st July 2025 e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 3540(E), dated 31st July 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. RAVINDER KUMAR

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