Exchange rate determination for customs conversions sets specified import and export currency rates effective 20 November 2015. Determination of exchange rates under section 14 of the Customs Act, 1962, effective 20 November 2015, superseding the 5 November 2015 notification. The Board prescribes specified rupee equivalents for listed foreign currencies for use in customs transactions relating to imported and exported goods. Schedule I provides per unit import and export rates for major currencies; Schedule II provides rates per 100 units for currencies quoted per hundred. The notification applies prospectively and preserves prior actions under the superseded notification.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for customs conversions sets specified import and export currency rates effective 20 November 2015.
Determination of exchange rates under section 14 of the Customs Act, 1962, effective 20 November 2015, superseding the 5 November 2015 notification. The Board prescribes specified rupee equivalents for listed foreign currencies for use in customs transactions relating to imported and exported goods. Schedule I provides per unit import and export rates for major currencies; Schedule II provides rates per 100 units for currencies quoted per hundred. The notification applies prospectively and preserves prior actions under the superseded notification.
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