Exchange rate determination: Notification sets conversion rates for foreign currencies under the Customs Act, affecting import-export valuation. The Central Board of Excise and Customs, under section 14 of the Customs Act, fixes the rate of exchange for specified foreign currencies effective 3 May 2013, superseding the 18 April 2013 notification. Distinct conversion rates for imported and export goods are set out in Schedule I and the rate for 100 units of Japanese yen in Schedule II. Corrections to Kenya Shilling entries were later issued by corrigendum.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination: Notification sets conversion rates for foreign currencies under the Customs Act, affecting import-export valuation.
The Central Board of Excise and Customs, under section 14 of the Customs Act, fixes the rate of exchange for specified foreign currencies effective 3 May 2013, superseding the 18 April 2013 notification. Distinct conversion rates for imported and export goods are set out in Schedule I and the rate for 100 units of Japanese yen in Schedule II. Corrections to Kenya Shilling entries were later issued by corrigendum.
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