Exchange Rate Determination sets customs conversion rates for foreign currencies, governing valuation for imports and exports. The Central Board of Excise and Customs, under section 14 of the Customs Act, prescribes exchange conversion rates for specified foreign currencies for valuation of imported and export goods, set out in Schedule I (unit rates) and Schedule II (rates per 100 units), and supersedes the prior notification except as to prior acts or omissions.
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 customs conversion rates for foreign currencies, governing valuation for imports and exports.
The Central Board of Excise and Customs, under section 14 of the Customs Act, prescribes exchange conversion rates for specified foreign currencies for valuation of imported and export goods, set out in Schedule I (unit rates) and Schedule II (rates per 100 units), and supersedes the prior notification except as to prior acts or omissions.
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