Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.
Difficulties, if any faced in the implementation of the above instructions may be brought to the notice of the Board at an early date.
In exercise of the powers conferred by powers conferred by sub-sections (1) and (8) of section 9A of the Customs Tariff Act, 1975 ( 51 of 1975) read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government hereby makes the following amendment in the notification of the Government of India, in the erstwhile Ministry of Finance (Department of Revenue) No. 156/2000-Customs, dated the 26th December, 2000, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), number G. S. R. 936(E), dated the 26th December, 2000, namely.
Rate of exchange applicable for the purposes of calculation of the anti-dumping duty shall be the rate, which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the said Customs Act and the relevant date for determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.