Exchange Rate Determination: new customs conversion rates take effect for import and export goods from June. Central Board of Excise and Customs, exercising statutory authority under the Customs Act, determines rates of exchange for conversion of specified foreign currencies into Indian rupees and vice versa for customs purposes, effective 20th June, 2014; distinct rates are prescribed for imported goods and for export goods in Schedule I (per unit) and Schedule II (per 100 units), and the notification supersedes the earlier June 2014 notification except as to prior actions.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination: new customs conversion rates take effect for import and export goods from June.
Central Board of Excise and Customs, exercising statutory authority under the Customs Act, determines rates of exchange for conversion of specified foreign currencies into Indian rupees and vice versa for customs purposes, effective 20th June, 2014; distinct rates are prescribed for imported goods and for export goods in Schedule I (per unit) and Schedule II (per 100 units), and the notification supersedes the earlier June 2014 notification except as to prior actions.
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