Customs exchange rate determination sets prescribed currency conversion rates for import and export valuation under customs rules. The Central Board of Excise and Customs fixes specific conversion rates for listed foreign currencies into Indian rupees for the purposes of import and export goods valuation, effective from 22nd November, 2013, superseding the prior notification except as to prior acts; distinct imported and export rates are set out in Schedule I and Schedule II.
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.
Customs exchange rate determination sets prescribed currency conversion rates for import and export valuation under customs rules.
The Central Board of Excise and Customs fixes specific conversion rates for listed foreign currencies into Indian rupees for the purposes of import and export goods valuation, effective from 22nd November, 2013, superseding the prior notification except as to prior acts; distinct imported and export rates are set out in Schedule I and Schedule II.
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