Exchange rate notification updates customs conversion rates for specified foreign currencies, altering import and export valuation effects. The Central Board of Excise & Customs, under the Customs Act, substitutes specified conversion rates in Schedule-I for listed foreign currencies (with separate import and export rates) and replaces the Schedule-II Japanese Yen 100 unit rate; these substituted rates take effect from 23rd August 2013, and the notification notes corrigenda correcting previously published numeric entries for the Kenya Shilling.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exchange rate notification updates customs conversion rates for specified foreign currencies, altering import and export valuation effects.
The Central Board of Excise & Customs, under the Customs Act, substitutes specified conversion rates in Schedule-I for listed foreign currencies (with separate import and export rates) and replaces the Schedule-II Japanese Yen 100 unit rate; these substituted rates take effect from 23rd August 2013, and the notification notes corrigenda correcting previously published numeric entries for the Kenya Shilling.
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