CBEC Forex

Shashikant (ARTICLED ASSISTANT) (207 Points)

31 May 2016  
Why does CBEC notifies both buying as well as selling rate. In case of selling rate logic is clear as invoice is in Forex and we need to convert it into INR, but what's about buying rate, why is it notified? It will be used in export but export invoice. already in INR...