Amendment to Customs Valuation Notification Issued by CBIC

Last updated: 21 April 2025

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The Central Board of Indirect Taxes & Customs (CBIC) has issued an amendment to the Customs Valuation Notification. This amendment, made under the powers granted by the Customs Act, 1962, modifies the notification originally published on 3rd August 2001. The specific details of the changes are provided in the official circular.

Government of India
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes and Customs
Notification No. 24/2025-CUSTOMS (N.T.)

New Delhi, 15th April, 2025
25 Chaitra, 1947 (SAKA)

S.O. ... (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-

Official copy of the circular has been attached