Exchange rate determination for customs: specified foreign currency conversion rates set for import and export transactions effective immediately. The Central Board of Excise and Customs, under section 14 of the Customs Act, 1962, supersedes the earlier notification and fixes specified foreign currency conversion rates into Indian rupees for customs valuation of imported and exported goods effective 20th September, 2013. The annexed Schedule I lists per-unit rates for various currencies for imports and exports, while Schedule II provides the 100-unit rate for Japanese Yen; accompanying notes record subsequent substitutions to certain currency entries.
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Exchange rate determination for customs: specified foreign currency conversion rates set for import and export transactions effective immediately.
The Central Board of Excise and Customs, under section 14 of the Customs Act, 1962, supersedes the earlier notification and fixes specified foreign currency conversion rates into Indian rupees for customs valuation of imported and exported goods effective 20th September, 2013. The annexed Schedule I lists per-unit rates for various currencies for imports and exports, while Schedule II provides the 100-unit rate for Japanese Yen; accompanying notes record subsequent substitutions to certain currency entries.
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