Exchange rate amendment updates specified foreign currency rates in customs schedule, altering tariff valuation and import calculations. Amendment under sub section (2) of section 20 of the Indian Stamp Act, 1899 and sub clause (i) of clause (a) of sub section (3) of section 14 of the Customs Act, 1962 substitutes the entries at serial Nos. 11 and 15 in the Schedule to Notification No. 38/90 NT Cus., replacing those entries with revised exchange rates for Japanese Yen and Swedish Kroner, effective from the stated implementation date.
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Exchange rate amendment updates specified foreign currency rates in customs schedule, altering tariff valuation and import calculations.
Amendment under sub section (2) of section 20 of the Indian Stamp Act, 1899 and sub clause (i) of clause (a) of sub section (3) of section 14 of the Customs Act, 1962 substitutes the entries at serial Nos. 11 and 15 in the Schedule to Notification No. 38/90 NT Cus., replacing those entries with revised exchange rates for Japanese Yen and Swedish Kroner, effective from the stated implementation date.
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