Exchange Rate Determination sets customs conversion rates effective 8 January 2016 for import and export valuation. Determination of the rate of exchange for conversion of foreign currency into Indian rupees and vice versa under the Customs Act, effective 8 January 2016, prescribing distinct conversion rates for import and export transactions in two annexed schedules (Schedule I per unit, Schedule II per 100 units), and superseding the prior notification while excluding actions completed before such supersession.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination sets customs conversion rates effective 8 January 2016 for import and export valuation.
Determination of the rate of exchange for conversion of foreign currency into Indian rupees and vice versa under the Customs Act, effective 8 January 2016, prescribing distinct conversion rates for import and export transactions in two annexed schedules (Schedule I per unit, Schedule II per 100 units), and superseding the prior notification while excluding actions completed before such supersession.
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