Exchange rate expression amended to a per hundred units basis, clarifying the customs exchange rate used for valuation. Corrigendum to Notification No. 115/2014-CUSTOMS (N.T.) replaces in Schedule II, Column (3) the phrase 'Rate of exchange of one unit of foreign currency equivalent to Indian rupees' with the Rate of exchange of 100 units of foreign currency equivalent to Indian rupees, thereby correcting the unit basis used for customs exchange rate expression applicable to assessment and related procedures.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate expression amended to a per hundred units basis, clarifying the customs exchange rate used for valuation.
Corrigendum to Notification No. 115/2014-CUSTOMS (N.T.) replaces in Schedule II, Column (3) the phrase "Rate of exchange of one unit of foreign currency equivalent to Indian rupees" with the Rate of exchange of 100 units of foreign currency equivalent to Indian rupees, thereby correcting the unit basis used for customs exchange rate expression applicable to assessment and related procedures.
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