Exchange rate revision for Norwegian Kroner updates rupee equivalents for import and export under Customs Act. The Central Board of Excise & Customs, under Section 14 of the Customs Act, 1962, substitutes the Schedule I entry for Norwegian Kroner in Notification No. 32/2015 CUSTOMS (N.T.), setting distinct official rupee equivalents for imported goods and for exported goods. The revised exchange rates for Norwegian Kroner are declared effective from 26th March, 2015 and are to be used for customs valuation and related import/export procedures.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exchange rate revision for Norwegian Kroner updates rupee equivalents for import and export under Customs Act.
The Central Board of Excise & Customs, under Section 14 of the Customs Act, 1962, substitutes the Schedule I entry for Norwegian Kroner in Notification No. 32/2015 CUSTOMS (N.T.), setting distinct official rupee equivalents for imported goods and for exported goods. The revised exchange rates for Norwegian Kroner are declared effective from 26th March, 2015 and are to be used for customs valuation and related import/export procedures.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.