Exchange rate notification updates customs valuation rates for specified foreign currencies, substituting previous schedule and taking effect from mid-January. Amendment to the customs exchange rate schedule substitutes specified Schedule-I entries for certain foreign currencies, altering the rate of exchange used for customs valuation of imported goods. Issued under statutory delegation, the notification replaces listed schedule lines with updated currency rate entries and specifies the date from which the new exchange rates will apply for customs purposes.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate notification updates customs valuation rates for specified foreign currencies, substituting previous schedule and taking effect from mid-January.
Amendment to the customs exchange rate schedule substitutes specified Schedule-I entries for certain foreign currencies, altering the rate of exchange used for customs valuation of imported goods. Issued under statutory delegation, the notification replaces listed schedule lines with updated currency rate entries and specifies the date from which the new exchange rates will apply for customs purposes.
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