Exchange Rate Notification revised: yen conversion rates adjusted for import and export, taking effect from end of January. Amendment substitutes the Japanese Yen entry in Schedule-II of the exchange rate notification, revising distinct conversion rates for imported and exported goods to be used for customs valuation. The Board, invoking Section 14 of the Customs Act, replaces Serial No. 1 of the earlier notification and makes the revised rates effective from the date of issuance under Notification No. 17/2013-Customs (N.T.).
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 Notification revised: yen conversion rates adjusted for import and export, taking effect from end of January.
Amendment substitutes the Japanese Yen entry in Schedule-II of the exchange rate notification, revising distinct conversion rates for imported and exported goods to be used for customs valuation. The Board, invoking Section 14 of the Customs Act, replaces Serial No. 1 of the earlier notification and makes the revised rates effective from the date of issuance under Notification No. 17/2013-Customs (N.T.).
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 
