Notifications & Circulars as on May 05, 2016

CBEC

Notification: Customs

Conversion rate of Foreign Currency w.e.f May 6, 2016.

The Central Board of Excise and Customs vide Notification No.64/2016 – Customs (N.T.) dated May 5, 2016 has suppressed  Notification No.55/2016-CUSTOMS (N.T.), dated April 21, 2016 relating to conversion rate of foreign currency and has determined new rate of exchange of conversion of foreign currency into Indian currency and vice versa relating to imported and exported goods, which is effective from May 6, 2016.

http://www.cbec.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2016/cs-nt2016/csnt64-2016.pdf