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September 2026
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CustomsTariff values from 1 October 2026: crude palm oil US$ 1,229, gold US$ 1,339 per 10 grams, silver US$ 1,965 per kg — Notification 80/2026-Customs (N.T.)
Tariff values from 1 OctoberRule changeCBIC has substituted the tariff value tables for edible oils, brass scrap, gold, silver and areca nuts under Notification No. 36/2001-Customs (N.T.). The new values apply from 1 October 2026. The areca nut value is unchanged at US$ 11,574 per metric ton.
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CustomsImport duty on crude sunflower oil cut to Nil, on crude soybean and crude palm oil to 5% from 24 September 2026: Notification 31/2026-Customs
Crude sunflower oil: NilReliefThe Government has cut Basic Customs Duty on crude sunflower oil from 10% to Nil and on crude soybean and crude palm oil from 10% to 5%, with matching cuts on the refined oils. Notification No. 31/2026-Customs amends six entries of Notification No. 45/2025-Customs and is in force from 24 September 2026. Industry has been asked to pass the benefit on in prices.
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