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Latest Details Of Conversion Rates of Foreign Currencies
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 India’s Central Board of Indirect Taxes and Customs (CBIC), dated 2nd May, 2019 except as respects things done or omitted to be done before such super-session, the Central Board of InDirect Taxes and Customs (CBIC) hereby determines that the Rate of Exchange of conversion of each of the Foreign Currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 17th May, 2019, 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.
