The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification 80/2026-Customs (N.T) on September 30, 2026. This notification updates the tariff values for several key imports including edible oils, brass scrap, areca nut, gold, and silver. These changes are part of the periodic review to align tariff values with current market conditions.
For importers dealing in edible oils, brass scrap, areca nut, gold, and silver, this update affects the valuation of these goods at the time of import. The revised tariff values will impact the calculation of duties payable, potentially altering the cost structure for these imports. It's crucial for businesses in these sectors to review the changes to avoid discrepancies in duty payments and ensure compliance with customs regulations.
1) Open the official notice here
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