Exchange Rate Determination sets official foreign currency conversion rates for import and export goods, superseding prior notification. Determination under customs authority prescribes official rupee conversion rates for specified foreign currencies, with separate entries for imported goods and export goods, effective from the notified commencement and superseding the prior notification. Two annexed schedules list per unit rates and per hundred unit rates for the applicable currencies to be used for customs valuation and related purposes.
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 sets official foreign currency conversion rates for import and export goods, superseding prior notification.
Determination under customs authority prescribes official rupee conversion rates for specified foreign currencies, with separate entries for imported goods and export goods, effective from the notified commencement and superseding the prior notification. Two annexed schedules list per unit rates and per hundred unit rates for the applicable currencies to be used for customs valuation and related purposes.
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