Exchange rate determination for specified foreign currencies governs conversion for import and export valuation effective from 2 April. Determination of exchange rates under section 14 of the Customs Act, 1962, effective from 2 April 2015, prescribing rupee conversion rates for specified foreign currencies for import and export valuation. The Central Board of Excise and Customs supersedes the earlier notification and provides two schedules: Schedule I with per unit rates for major currencies (separate imported and export rates) and Schedule II with rates per 100 units for currencies so quoted.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for specified foreign currencies governs conversion for import and export valuation effective from 2 April.
Determination of exchange rates under section 14 of the Customs Act, 1962, effective from 2 April 2015, prescribing rupee conversion rates for specified foreign currencies for import and export valuation. The Central Board of Excise and Customs supersedes the earlier notification and provides two schedules: Schedule I with per unit rates for major currencies (separate imported and export rates) and Schedule II with rates per 100 units for currencies so quoted.
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