Exchange rate determination fixes rupee conversion rates for specified foreign currencies, replacing the prior customs notification. Determination of rate of exchange for conversion of specified foreign currencies into Indian rupees for customs valuation, effective from 18th November, 2016, superseding the prior notification and fixing separate rupee-equivalent rates for imported and exported goods as set out in Schedule I (unit rates) and Schedule II (rates per one hundred units), with preservation of prior actions done or omitted before supersession and an appended amendment note affecting a Schedule entry.
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 rupee conversion rates for specified foreign currencies, replacing the prior customs notification.
Determination of rate of exchange for conversion of specified foreign currencies into Indian rupees for customs valuation, effective from 18th November, 2016, superseding the prior notification and fixing separate rupee-equivalent rates for imported and exported goods as set out in Schedule I (unit rates) and Schedule II (rates per one hundred units), with preservation of prior actions done or omitted before supersession and an appended amendment note affecting a Schedule entry.
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