Exchange Rate Of Foreign Currency Relating To Imported And Export Goods Notified

Information Type: Legislative Information
Subject: Financial Law
News Title: Exchange Rate Of Foreign Currency Relating To Imported And Export Goods Notified
News Date: 2014-03-21
News Laws: Customs Act, 1962 (52 of 1962)
News State: Central
Case Note / Description :

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of evenue) No.15/2014-CUSTOMS (N.T.), dated the 6th  March, 2014 vide number S.O.694 (E), dated the 6th March, 2014, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs (CBEC) hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 21st  March, 2014 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods. 

 
 
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