TaxTMI 
TaxTMI 
Dear Sir,
Please explain what Customs Non tariff Notification no 75/2014 denotes. Thanks and regards.
Customs Non tariff Notification no 75/2014
16 Sep 2014 
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Exchange rate conversion guidance ensures uniform customs valuation and assessment for imports and exports during the notification period.
Notification prescribes the exchange rates to be used for customs valuation and assessment of imports and exports during the notification period, mandating that Bills of Entry and other customs declarations adopt the published conversion rates between the Indian rupee and foreign currencies so that a uniform rate is applied by customs and traders for assessment and accounting. (AI Summary)
Notification prescribes the exchange rates to be used for customs valuation and assessment of imports and exports during the notification period, mandating that Bills of Entry and other customs declarations adopt the published conversion rates between the Indian rupee and foreign currencies so that a uniform rate is applied by customs and traders for assessment and accounting. (AI Summary)