Exchange rate determination fixes foreign currency conversion rates for imports and exports effective 3 June 2016. The Central Board of Excise and Customs, exercising Customs Act powers, determines that the rate of exchange for specified foreign currencies into Indian rupees shall, with effect from 3 June 2016, be the rates set out in the annexed schedules for purposes relating to imported and export goods, and supersedes the earlier notification except as to things done or omitted prior to supersession.
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 fixes foreign currency conversion rates for imports and exports effective 3 June 2016.
The Central Board of Excise and Customs, exercising Customs Act powers, determines that the rate of exchange for specified foreign currencies into Indian rupees shall, with effect from 3 June 2016, be the rates set out in the annexed schedules for purposes relating to imported and export goods, and supersedes the earlier notification except as to things done or omitted prior to supersession.
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