Exchange rate determination establishes applicable conversion rates for import and export transactions effective from February. The notification fixes conversion rates for specified foreign currencies for customs purposes, listing distinct import and export rates in Schedule I (per unit) and Schedule II (per 100 units) and declares those rates effective from 6th February, 2015; it supersedes the prior customs exchange-rate notification except in respect of actions already completed under that earlier instrument.
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 establishes applicable conversion rates for import and export transactions effective from February.
The notification fixes conversion rates for specified foreign currencies for customs purposes, listing distinct import and export rates in Schedule I (per unit) and Schedule II (per 100 units) and declares those rates effective from 6th February, 2015; it supersedes the prior customs exchange-rate notification except in respect of actions already completed under that earlier instrument.
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