Exchange Rate Determination establishes conversion rates for foreign currencies, governing valuation for imports and exports under customs law. Determination under section 14 of the Customs Act fixes rupee equivalents for specified foreign currencies for customs valuation of imported and export goods, superseding the prior notification and applying the annexed Schedules I and II from the stated effective date while preserving actions taken before supersession.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination establishes conversion rates for foreign currencies, governing valuation for imports and exports under customs law.
Determination under section 14 of the Customs Act fixes rupee equivalents for specified foreign currencies for customs valuation of imported and export goods, superseding the prior notification and applying the annexed Schedules I and II from the stated effective date while preserving actions taken before supersession.
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