The Central Board of Indirect Taxes and Customs (CBIC) has updated the tariff values for several key import items. This includes edible oils, brass scrap, areca nut, gold, and silver. These changes are outlined in Notification 69/2026-Customs (N.T) dated August 10, 2026. The revised values are crucial for determining the customs duty payable on these goods.
For importers dealing with these commodities, the revised tariff values directly affect the calculation of customs duties. This impacts the overall cost and pricing strategy for these goods. Importers of edible oils, brass scrap, areca nut, gold, and silver should pay close attention to the updated values to ensure accurate duty calculations and 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