January 12, 2016

CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 2 / 2016 - Customs- Rate of exchange of conversion of each of the foreign currency with effect from January 8 , 2016

UNIVERSAL KNOWLEDGE HUB

Amendment Notification No. 2 / 2016

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No.02/2016 - Customs (N.T.)

Dated the 7th January, 2016

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 Central Board of Excise & Customs No.144/2015-CUSTOMS (N.T.), dated 17^th December, 2015, 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 08^th January, 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.

[F.No468/01/2016-Cus.V]

(Kshitendra Verma)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

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Updated version of ITR 7 and Offline Forms (other than ITR) are available in the portal.Assessee may download and use the same.

The value 'M' in the field "Status of matching with OLTAS" of FORM 16 / 16A indicates that the details of the

challans reported by the deductor are yet to be verified.

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