Exchange Rate Determination sets prescribed foreign currency conversion rates for import and export valuation, effective mid-May. Determines specific foreign exchange conversion rates for customs valuation under section 14 of the Customs Act, 1962, superseding the prior notification and prescribing Schedule I (per unit) and Schedule II (per 100 units) rates for various currencies with distinct import and export values, effective from the stated date; includes substituted entries and corrigenda correcting certain currency rates.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination sets prescribed foreign currency conversion rates for import and export valuation, effective mid-May.
Determines specific foreign exchange conversion rates for customs valuation under section 14 of the Customs Act, 1962, superseding the prior notification and prescribing Schedule I (per unit) and Schedule II (per 100 units) rates for various currencies with distinct import and export values, effective from the stated date; includes substituted entries and corrigenda correcting certain currency rates.
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