Exchange rate cbic

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73 Points Posted on 10 February 2022
Can a company use exchange rate
for exports other than what is provided in the cbic notification?
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On 10 February 2022 at 10:19 Report
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Quick Summary
This discussion clarifies whether companies can use exchange rates other than those specified by the CBIC notification for export transactions. The consensus is that companies must adhere to the exchange rates provided in the CBIC notification for all export activities. It is advised to confirm this with the CBIC help desk for absolute certainty.

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GST Practitioner & Accounts
15150 Points Posted on 10 February 2022
No...... Company has to consider exchange rate as per CBIC notification for export , just confirm with CBIC help desk number also.
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On 10 February 2022 at 11:12
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Manager Finance
22 Points Posted on 04 August 2022

Hi,

Why can't a company consider exchange rate from any other sources for their import and export. What makes CBIC rates mandatory for import and export activities.

Pleases confirm.

Many Thanks

 

 

 

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On 04 August 2022 at 11:00

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