Rate of exchange conversion updated; importers and clearing agents must follow the customs notification guidance online. Rate of exchange conversion for foreign currency effective 7th July 2017 is prescribed by Notification No. 70/2017 Customs (N.T.) dated 29.06.2017; Public Notice No. 216/2017 circulates that notification and directs importers, clearing agents and the trading public to follow the enclosed rates and consult the CBEC website for guidance to ensure uniform application in customs valuation and duty assessment.
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Provisions expressly mentioned in the judgment/order text.
Rate of exchange conversion updated; importers and clearing agents must follow the customs notification guidance online.
Rate of exchange conversion for foreign currency effective 7th July 2017 is prescribed by Notification No. 70/2017 Customs (N.T.) dated 29.06.2017; Public Notice No. 216/2017 circulates that notification and directs importers, clearing agents and the trading public to follow the enclosed rates and consult the CBEC website for guidance to ensure uniform application in customs valuation and duty assessment.
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