Exchange rate amendment revises conversion rates for a specified foreign currency affecting import and export valuation procedures. Amendment to customs exchange-rate schedule substituting the entry at serial No. 12 in Schedule I to revise the prescribed rupee equivalents for a specified foreign currency, setting separate conversion rates for imported goods and export goods to be used for customs valuation and related assessments.
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 amendment revises conversion rates for a specified foreign currency affecting import and export valuation procedures.
Amendment to customs exchange-rate schedule substituting the entry at serial No. 12 in Schedule I to revise the prescribed rupee equivalents for a specified foreign currency, setting separate conversion rates for imported goods and export goods to be used for customs valuation and related assessments.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.