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Customs - Highlights / Catch Notes

Home Highlights July 2024 Year 2024 This

Automated process introduced for publishing exchange rates by ...


Automated exchange rate publishing via SBI-Customs EDI integration. Rates rounded to 5 paise, published on ICEGATE at 6 PM, effective next midnight. Contingency plan in place.

Circulars     Customs

July 8, 2024

Automated process introduced for publishing exchange rates by integrating data from State Bank of India with Indian Customs EDI System. Exchange rates adjusted to nearest five paise to be published on ICEGATE website at 6 PM on designated days, effective from midnight following day. Contingency plan with nodal officers for monitoring and manual intervention in case of technical issues. Existing system of notifying rates through notifications dispensed with effect from 4th July 2024. Link on CBIC website to access published rates on ICEGATE. Standing order for Mangaluru Customs officers and staff.

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