Exchange rate determination fixes import and export conversion rates for multiple foreign currencies effective early January. Determination fixes exchange rates for specified foreign currencies for customs conversion effective 3rd January, 2014, superseding the prior notification. Distinct rates are prescribed for imported goods and for export goods in two annexed schedules (per unit and per 100 units) and the figures in the schedules are the operative conversion rates to be applied for customs valuation, with exceptions for actions completed before the supersession.
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 determination fixes import and export conversion rates for multiple foreign currencies effective early January.
Determination fixes exchange rates for specified foreign currencies for customs conversion effective 3rd January, 2014, superseding the prior notification. Distinct rates are prescribed for imported goods and for export goods in two annexed schedules (per unit and per 100 units) and the figures in the schedules are the operative conversion rates to be applied for customs valuation, with exceptions for actions completed before the supersession.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.