The Central Board of Indirect Taxes and Customs (CBIC) issued Notification 89/2026-Customs (NT) on October 30, 2026, revising the tariff values for several key imports. This includes edible oils, brass scrap, areca nut, gold, and silver. The notification specifies new tariff values, which are crucial for calculating duties on these goods.
These changes directly affect the calculation of customs duties for the specified goods. Importers dealing with edible oils, brass scrap, areca nut, gold, and silver need to be aware of these updates as they impact the cost and compliance of shipments. It's essential to verify if your specific goods fall under the revised tariff values to ensure accurate duty calculations.
1) Open the official notice: CBIC Notification 89/2026-Customs (NT)
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice