Exchange rate notification updates foreign currency valuation, altering import and export conversion rates effective next day. The Central Board of Indirect Taxes and Customs amended its exchange rate notification by substituting the Schedule-II entry for a specified foreign currency, establishing distinct conversion rates for imports and exports; the amendment is effective from the stated effective date and alters the official figures used for customs valuation and reporting.
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Exchange rate notification updates foreign currency valuation, altering import and export conversion rates effective next day.
The Central Board of Indirect Taxes and Customs amended its exchange rate notification by substituting the Schedule-II entry for a specified foreign currency, establishing distinct conversion rates for imports and exports; the amendment is effective from the stated effective date and alters the official figures used for customs valuation and reporting.
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