Exchange rate determination sets official conversion rates for specified foreign currencies for import and export valuation. The Central Board of Excise and Customs determines official exchange rates converting specified foreign currencies into Indian rupees for customs valuation of imports and exports, superseding the prior notification and prescribing separate imported goods and export goods rates in two annexed schedules (per unit and per 100 unit listings) with effect from the stated effective date while preserving prior actions completed under the superseded notification.
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 sets official conversion rates for specified foreign currencies for import and export valuation.
The Central Board of Excise and Customs determines official exchange rates converting specified foreign currencies into Indian rupees for customs valuation of imports and exports, superseding the prior notification and prescribing separate imported goods and export goods rates in two annexed schedules (per unit and per 100 unit listings) with effect from the stated effective date while preserving prior actions completed under the superseded notification.
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