Exchange rate determination: notified conversion rates for specified foreign currencies for import and export purposes. Determination of exchange rates for conversion of specified foreign currencies into Indian rupees and vice versa with effect from 7 August 2015 under the power conferred by section 14 of the Customs Act, 1962. The Central Board of Excise and Customs prescribes distinct rates for imported and export goods and annexes Schedule I (rates per unit) and Schedule II (rates per 100 units) listing applicable conversion figures for listed currencies for customs valuation and conversion purposes.
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: notified conversion rates for specified foreign currencies for import and export purposes.
Determination of exchange rates for conversion of specified foreign currencies into Indian rupees and vice versa with effect from 7 August 2015 under the power conferred by section 14 of the Customs Act, 1962. The Central Board of Excise and Customs prescribes distinct rates for imported and export goods and annexes Schedule I (rates per unit) and Schedule II (rates per 100 units) listing applicable conversion figures for listed currencies for customs valuation and conversion purposes.
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