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CBIC through its circular No 35/2018 dated 1^st Oct ’18 provided an advisory for registration of the beneficiaries. Single Window Interface for facilitating Trade (SWIFT) was introduced as part of ease of doing business initiative to integrate Customs and other Participating Government Agencies (PGAs) for seamless processing of import and export clearances. 

One of the components of SWIFT is e – SANCHIT wherein, under the import side, the system allows the beneficiary importer to...

1. RATE OF EXCHANGE OF CONVERSION INTO INDIAN CURRENCY

OR VICE VERSA WITH EFFECT FROM 3^rd MAY, 2019 TO 16^th MAY 2019

(Notification No. 35/2019-Customs (N.T) dated 02.05.2019)

With effect from 3^rd May, 2019, the CBIC has fixed the rate of exchange for conversion of each of the foreign currencies mentioned below, relating to imported and export goods, for computation of Customs Duty as per section 14 of the Customs Act, 1962.

Schedule - I