Exchange Rate Determination: Revised foreign currency conversion rates for imports and exports under Customs Act authority. The Central Board of Excise and Customs determines distinct exchange rates for foreign currencies into Indian rupees for imported and export goods, effective 22nd May, 2015, superseding the earlier notification of 7th May, 2015; the rates are set out in Schedule I (per unit) and Schedule II (per 100 units) for use under section 14 of the Customs Act in relation to valuation and conversion for imported and exported goods.
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: Revised foreign currency conversion rates for imports and exports under Customs Act authority.
The Central Board of Excise and Customs determines distinct exchange rates for foreign currencies into Indian rupees for imported and export goods, effective 22nd May, 2015, superseding the earlier notification of 7th May, 2015; the rates are set out in Schedule I (per unit) and Schedule II (per 100 units) for use under section 14 of the Customs Act in relation to valuation and conversion for imported and exported goods.
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