https://www.taxtmi.com/notifications?id=145403 Customs valuation for imported goods was amended so that the price under section 14 is calculated with reference to the rate of exchange in force on the relevant date under section 15. Section 15 was also revised to include "rate of exchange" and to define it as the Central Government rate for conversion between Indian and foreign currency, with currency meanings taken from the Foreign Exchange Regulation Act, 1947. The amendment Act repealed the earlier Ordinance while saving actions taken under it. en-us Wed, 31 Aug 1966 00:00:00 +0530 Fri, 29 May 2026 09:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=145403 Customs valuation for imported goods was amended so that the price under section 14 is calculated with reference to the rate of exchange in force on the relevant date under section 15. Section 15 was also revised to include "rate of exchange" and to define it as the Central Government rate for conversion between Indian and foreign currency, with currency meanings taken from the Foreign Exchange Regulation Act, 1947. The amendment Act repealed the earlier Ordinance while saving actions taken under it. Notifications Customs Wed, 31 Aug 1966 00:00:00 +0530 https://www.taxtmi.com/notifications?id=145403