CBIC Notifies Revised Tariff Values for Crude and Refined Oils, Brass Scrap, Gold and Silver

Last updated: 26 April 2025

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The Central Board of Indirect Taxes & Customs (CBIC) has issued a notification revising the tariff values for several key commodities. This update specifically affects crude and refined oils, brass scrap, gold, and silver. These revised values are determined under the provisions of the Customs Act, 1962.

Government of India
Ministry of Finance
Department of Revenue
Central Board of Indirect Taxes and Customs
Notification No. 28/2025-CUSTOMS (N.T.)

New Delhi, 23rd April, 2025
03 Vaishakh, 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

Official copy of the circular has been attached

FAQ :

The CBIC has notified revised tariff values for crude and refined oils, brass scrap, gold, and silver.

This notification is issued under the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962.

The tariff values for crude and refined oils, brass scrap, gold, and silver have been revised.

The original notification being amended is No. 36/2001-Customs (N.T.), dated 3rd August, 2001.

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Notification No : Notification No. 28/2025-CUSTOMS (N.T.)
Published in Custom
Source : https://taxinformation.cbic.gov.in/view-pdf/1010359/ENG/Notifications

Attached File : 322600_11456_csnt28_2025_1_.pdf

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