https://www.taxtmi.com/news?id=11281 Under the empowering provision of the Customs Act, the Central Board of Excise and Customs prescribes specific conversion rates for various foreign currencies into Indian rupees for import and export goods, superseding the prior notification except as to past actions. Two schedules accompany the determination: Schedule I lists per-unit conversion rates with separate columns for imported and export goods, and Schedule II provides a per-hundred-unit rate for a specified currency; the rates take effect from the stated effective date for customs valuation and related statutory purposes. en-us Thu, 20 Jun 2013 18:04:34 +0530 Thu, 20 Jun 2013 18:04:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11281 Under the empowering provision of the Customs Act, the Central Board of Excise and Customs prescribes specific conversion rates for various foreign currencies into Indian rupees for import and export goods, superseding the prior notification except as to past actions. Two schedules accompany the determination: Schedule I lists per-unit conversion rates with separate columns for imported and export goods, and Schedule II provides a per-hundred-unit rate for a specified currency; the rates take effect from the stated effective date for customs valuation and related statutory purposes. News - Thu, 20 Jun 2013 18:04:34 +0530 https://www.taxtmi.com/news?id=11281