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The Rate of Exchange of Conversion of Each of the Foreign Currencies Notified.

March 25, 2018 07:33 PM

The Rate of Exchange of Conversion of Each of the Foreign Currencies Notified.

 
 

In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs (CBEC) No.13/2018-CUSTOMS (N.T.), dated  15th  February, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Excise and  Customs (CBEC) hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 2nd March, 2018, be the rate mentioned against it in the corresponding entry in column (3thereof, for the purpose of the said section, relating to imported and export goods.

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