Customs exchange rate determination sets fixed conversion rates for specified foreign currencies for import and export purposes. The Central Board of Excise and Customs, under the Customs Act, prescribes fixed rupee-equivalent exchange rates for specified foreign currencies effective 2 June 2017 for the purpose of imported and export goods; Schedule I lists per-unit rates and Schedule II lists per-100-unit rates, and the notification supersedes the earlier 18 May 2017 notification.
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Provisions expressly mentioned in the judgment/order text.
Customs exchange rate determination sets fixed conversion rates for specified foreign currencies for import and export purposes.
The Central Board of Excise and Customs, under the Customs Act, prescribes fixed rupee-equivalent exchange rates for specified foreign currencies effective 2 June 2017 for the purpose of imported and export goods; Schedule I lists per-unit rates and Schedule II lists per-100-unit rates, and the notification supersedes the earlier 18 May 2017 notification.
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