Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
The notification u/s 14 of the Customs Act, 1962, supersedes a previous notification. It determines new exchange rates for specified foreign currencies for import and export goods effective from 21st June, 2024. Schedule I lists rates for various currencies like Australian Dollar, EURO, Pound Sterling, etc. Schedule II lists rates for Japanese Yen, Korean Won, etc. The Central Board of Indirect Taxes and Customs issues this notification through the Ministry of Finance, Department of Revenue.
The notification u/s 14 of the Customs Act, 1962, supersedes a previous notification. It determines new exchange rates for specified foreign currencies for import and export goods effective from 21st June, 2024. Schedule I lists rates for various currencies like Australian Dollar, EURO, Pound Sterling, etc. Schedule II lists rates for Japanese Yen, Korean Won, etc. The Central Board of Indirect Taxes and Customs issues this notification through the Ministry of Finance, Department of Revenue.
Note: It is a system-generated summary and is for quick reference only.