9.15
- Document type
- Procedure
- Reference no.
- A
- Dated
Conversion of currencies into US$
9.15
Conversion of currencies into US$
(a) Currencies, where Exchange rates are notified by CBEC
The foreign exchange realized (as mentioned by bank in the eBRC) is converted to Indian Rupee (INR) using the monthly exchange rates published by CBEC.
(b) Currencies, where Exchange rates are not notified by CBEC
In such cases, total realized value in INR (as mentioned by bank in the eBRC), will be converted into US$ by using the US$ /INR exchange rate prevailing on the date of realization as published by CBEC.
(Above Para 9.15 has been added vide PUBLIC NOTICE No.46/2013, DT. 08/01/2014)