Exchange Rate Determination: specified foreign currency rates set for import and export valuation under the Customs Act. Determination of exchange rates for conversion between specified foreign currencies and Indian rupees is declared effective 08 April 2016, superseding the prior CBEC notification; Schedule I prescribes per unit rupee equivalents with separate import and export columns, and Schedule II prescribes rates per 100 units for listed currencies, for use in valuation of imported and exported goods under the Customs Act.
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: specified foreign currency rates set for import and export valuation under the Customs Act.
Determination of exchange rates for conversion between specified foreign currencies and Indian rupees is declared effective 08 April 2016, superseding the prior CBEC notification; Schedule I prescribes per unit rupee equivalents with separate import and export columns, and Schedule II prescribes rates per 100 units for listed currencies, for use in valuation of imported and exported goods under the Customs Act.
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