CBEC Exchange Rates W.e.f. October 6th, 2016
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 & Customs No.121/2016-CUSTOMS (N.T.), dated 15th September, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs 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 7th October, 2016, 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. Sd/-(Kshitendra Verma)Under ...
CBEC Exchange Rates W.e.f. September 1st, 2016
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 & Customs No.112/2016-CUSTOMS (N.T.), dated 18th August, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs 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 02nd September, 2016, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, ...
CBEC Exchange Rates W.e.f. August 4th, 2016
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following amendments in the Notification of the Central Board of Excise and Customs No.102/2016-CUSTOMS (N.T.), dated 21st July, 2016, with effect from 04th August, 2016, namely:- In the SCHEDULE-II of the said Notification, for serial No.1 and the entries relating thereto, the following shall be substituted, namely:- SCHEDULE-II S. No. Foreign Currency Rate of exchange of 100 unit of foreign currency equivalent to Indian rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Japanese Yen 67.30 65.00 Sd/-(Kshitendra Verma)Under Secretary to the Govt. of India F.No.468/01/2016-Cus.VIssued by:Ministry of Finance(Department of Revenue)(Central Board of Excise and Customs)New Delhi
CBEC Exchange Rates W.e.f. July 21st, 2016
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 No.96/2016-CUSTOMS (N.T.), dated 06th July, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs 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 22nd July, 2016, 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. SCHEDULE-I S. No. Foreign ...
Industry confident of a demand revival in six months: Survey
The Dollar Business Bureau More than 60% of the industry feel that the economy will improve in the coming six months. An Assocham-Bizcon Survey conducted in the last week of March seeking views from India Inc said that the general perception among the Indian industry is that things will improve in the next six months in terms of better sales realization and improved order books, reflecting a sense of hope and optimism. The survey also shows improvement in terms of outlook as compared to the previous survey. With regards to the expected order book position in the April to June 2015, quarter majority (60.9 percent) of the firms seem to be optimist and expect an increase in the orders. Thus, ...
