Exchange rate determination: conversion rates for specified foreign currencies set for import and export valuation purposes. The Central Board of Excise and Customs, under section 14 of the Customs Act, 1962, notifies conversion rates for specified foreign currencies to Indian rupees effective 7th April, 2017, superseding an earlier notification; Schedule I provides per unit rupee equivalents for listed currencies with separate import and export rates, and Schedule II provides rupee equivalents for 100 units of specified currencies for import and export valuation purposes.
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: conversion rates for specified foreign currencies set for import and export valuation purposes.
The Central Board of Excise and Customs, under section 14 of the Customs Act, 1962, notifies conversion rates for specified foreign currencies to Indian rupees effective 7th April, 2017, superseding an earlier notification; Schedule I provides per unit rupee equivalents for listed currencies with separate import and export rates, and Schedule II provides rupee equivalents for 100 units of specified currencies for import and export valuation purposes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
