CBEC Makes Amendments to Notification Concerning Exchange Rates of Foreign Currency
CBEC Makes Amendments to Notification Concerning Exchange Rates of Foreign
Currency
In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52
of 1962), the Central Board of Excise & Customs hereby makes the
following amendments in the Notification of the Central Board of Excise and Customs
No. 93/2015-CUSTOMS (N.T.) dated the 17th September, 2015, with
effect from 30th September, 2015, namely:-
In the SCHEDULE- I of the said Notification, for Serial No. 12
and the entries relating thereto, the following shall be substituted, namely:-
SCHEDULE-I
|
S.No.
|
Foreign
Currency
|
Rate of
exchange of one unit of foreign currency equivalent to Indian rupees
|
||
|
(1)
|
(2)
|
(3)
|
||
|
|
|
(a)
|
(b)
|
|
|
|
|
(For
Imported Goods)
|
(For Export Goods)
|
|
|
12.
|
South
African Rand
|
4.85
|
4.55
|
|
********
Revenue Secretary starts holding detailed meetings with Representatives of
Industry and Business Associations for generating New and Innovative Tax Policy
ideas for achieving Higher Investment and Growth
Dr.Hasmukh Aadhia, Revenue Secretary has started holding
detailed meetings from today onwards with industry and business representatives
of major national chambers as well as with the representatives of different
sectors in order to generate new ideas for tax policy reforms for the next
budget. The Ministry of Finance is quite conscious of the fact that Tax Policy
could be used as an important instrument of enhancing the speed of economic
growth of the country and therefore, it is important to have proper stakeholder
consultation out of box thinking. This is an attempt in that direction.
The First such Meeting was held here today with Confederation of Indian Industry (CII) delegation consisting of Dr. Naushad Forbes, President designate of CII and ten other representatives of CII. Similar meetings will be held with representatives of FICCI on September 30, 2015, with ASSOCHAM on October 6, 2015 and with PHD Chamber of Commerce on October 7, 2015.
The Revenue Secretary Dr. Adhia will also have such meetings with industry and business representatives in Bengaluru on October 1, 2015 and in Ahmedabad on October 10, 2015. Soon after this, he would be holding sectoral meetings with industry and business representatives from Electronic & IT Industry, Telecom Industry, Power Industry, Road Transport & Highway Industry and with representatives of Financial Services sector, in the presence of Secretaries of the concerned Departments from 26th October to 30th October, 2015.
The First such Meeting was held here today with Confederation of Indian Industry (CII) delegation consisting of Dr. Naushad Forbes, President designate of CII and ten other representatives of CII. Similar meetings will be held with representatives of FICCI on September 30, 2015, with ASSOCHAM on October 6, 2015 and with PHD Chamber of Commerce on October 7, 2015.
The Revenue Secretary Dr. Adhia will also have such meetings with industry and business representatives in Bengaluru on October 1, 2015 and in Ahmedabad on October 10, 2015. Soon after this, he would be holding sectoral meetings with industry and business representatives from Electronic & IT Industry, Telecom Industry, Power Industry, Road Transport & Highway Industry and with representatives of Financial Services sector, in the presence of Secretaries of the concerned Departments from 26th October to 30th October, 2015.
Post a Comment