https://www.taxtmi.com/news?id=20287 Determination of exchange rates for valuation of imported and export goods under the Customs Act fixes distinct rupee equivalents for listed foreign currencies, set out in two annexed schedules that distinguish single unit and hundred unit quotations. The notification supersedes the prior board notification except for past actions and prescribes an effective date from which the specified rates govern customs conversion, requiring customs authorities and stakeholders to adopt those schedule rates for duties, declarations, and other customs processes dependent on foreign currency conversion. en-us Thu, 19 Jul 2018 18:42:59 +0530 Thu, 19 Jul 2018 18:42:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20287 Determination of exchange rates for valuation of imported and export goods under the Customs Act fixes distinct rupee equivalents for listed foreign currencies, set out in two annexed schedules that distinguish single unit and hundred unit quotations. The notification supersedes the prior board notification except for past actions and prescribes an effective date from which the specified rates govern customs conversion, requiring customs authorities and stakeholders to adopt those schedule rates for duties, declarations, and other customs processes dependent on foreign currency conversion. News - Thu, 19 Jul 2018 18:42:59 +0530 https://www.taxtmi.com/news?id=20287