Exchange rate amendment sets new customs exchange rate for Norwegian currency affecting tariff calculations under Customs Act. Amendment to Notification No. 512-Cus. substitutes serial number 13 in the Schedule by prescribing an exchange rate of 53.05 for Norwegian Kroner under the authority of sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962; the rate is effective from 9-2-1987 for customs valuation and tariff calculations.
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 amendment sets new customs exchange rate for Norwegian currency affecting tariff calculations under Customs Act.
Amendment to Notification No. 512-Cus. substitutes serial number 13 in the Schedule by prescribing an exchange rate of 53.05 for Norwegian Kroner under the authority of sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962; the rate is effective from 9-2-1987 for customs valuation and tariff calculations.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
