Exchange rate determination sets import and export conversion rates for specified foreign currencies, effective under Customs Act authority. Determination under section 14 of the Customs Act fixing the rate of exchange for conversion between specified foreign currencies and Indian rupees effective 07th July, 2016, superseding an earlier notification; applicable for purposes relating to imported and export goods. Two schedules accompany the determination: Schedule I sets per-unit conversion rates with distinct figures for imported and export goods, and Schedule II sets conversion rates per one hundred units for currencies so quoted.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination sets import and export conversion rates for specified foreign currencies, effective under Customs Act authority.
Determination under section 14 of the Customs Act fixing the rate of exchange for conversion between specified foreign currencies and Indian rupees effective 07th July, 2016, superseding an earlier notification; applicable for purposes relating to imported and export goods. Two schedules accompany the determination: Schedule I sets per-unit conversion rates with distinct figures for imported and export goods, and Schedule II sets conversion rates per one hundred units for currencies so quoted.
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