Exchange rate for FOB valuation must follow the Handbook of Procedures, affecting DEPB entitlement calculations. Relevant exchange rate for determining FOB value of exports is specified for calculating DEPB entitlement and must be the rate laid down in paragraph 7.38 of the Handbook of Procedures, Volume I, as amended to the stated cut off; this binds customs valuation practice and requires application of the Handbook's exchange rate methodology when computing FOB-based DEPB percentages.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate for FOB valuation must follow the Handbook of Procedures, affecting DEPB entitlement calculations.
Relevant exchange rate for determining FOB value of exports is specified for calculating DEPB entitlement and must be the rate laid down in paragraph 7.38 of the Handbook of Procedures, Volume I, as amended to the stated cut off; this binds customs valuation practice and requires application of the Handbook's exchange rate methodology when computing FOB-based DEPB percentages.
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