Exchange Rate Determination: notification sets official foreign currency to rupee conversion rates for import and export purposes. Determination under section 14 of the Customs Act, 1962 fixes official rupee conversion rates for specified foreign currencies to be applied for customs valuation of imported and export goods, prescribing separate figures for import and export purposes in two attached Schedules, and superseding the immediately preceding exchange rate notification except as to completed actions.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination: notification sets official foreign currency to rupee conversion rates for import and export purposes.
Determination under section 14 of the Customs Act, 1962 fixes official rupee conversion rates for specified foreign currencies to be applied for customs valuation of imported and export goods, prescribing separate figures for import and export purposes in two attached Schedules, and superseding the immediately preceding exchange rate notification except as to completed actions.
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