CBIC Notifies Changes in Tariff Values Under Section 14 of Customs Act, 1962
17 January 2026Vanshika verma
CBIC Notifies Changes in Tariff Values Under Section 14 of Customs Act, 1962
The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance (Department of Revenue) recently shared a notification (No. F. No. 467/01/2026-Cus.V) on January 15, 2026, regarding changes in Customs Tariff Value.
The Central Board of Indirect Taxes and Customs, using its powers given by section 14 (2) of the Customs Act, 1962 (52), makes the following changes:
The following table will be replaced in the said notification:
| Chapter/ heading/ subheading/tariff item | Description of goods | Tariff Value (US $ Per Metric Tonne) |
| 1511 10 00 | Crude Palm Oil | 1075 |
| 1511 90 10 | RBD Palm Oil | 1084 |
| 1511 90 90 | Others – Palm Oil | 1080 |
| 1511 10 00 | Crude Palmolein | 1088 |
| 1511 90 20 | RBD Palmolein | 1091 |
| 1511 90 90 | Others – Palmolein | 1090 |
| 1507 10 00 | Crude Soya bean Oil | 1173 |
| 7404 00 22 | Brass Scrap (all grades) | 7096 |
This notification will be effective from January 16, 2026.
For complete information, refer to the official notification-