Exchange rate update for import valuation: substituted Schedule I currency rates effective from March 18, 1996. Central Government amends Schedule I of Notification No.10/96 N.T. Cus by substituting the entries for serial Nos. 2, 4-12 and 14 with revised currency denominations and corresponding exchange rates for import valuation, under powers conferred by section 20(2) of the Indian Stamp Act and section 14(3)(a)(i) of the Customs Act; the substituted rates are effective from 18th March, 1996.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate update for import valuation: substituted Schedule I currency rates effective from March 18, 1996.
Central Government amends Schedule I of Notification No.10/96 N.T. Cus by substituting the entries for serial Nos. 2, 4-12 and 14 with revised currency denominations and corresponding exchange rates for import valuation, under powers conferred by section 20(2) of the Indian Stamp Act and section 14(3)(a)(i) of the Customs Act; the substituted rates are effective from 18th March, 1996.
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