Exchange rate determination sets conversion rates for foreign currencies for import and export goods effective from notification. Determines the exchange rate for conversion of specified foreign currencies into Indian rupees and vice versa for customs valuation of imported and export goods, prescribing separate rates for imports and exports in two annexed schedules and stating that the rates are effective from the notification date while superseding a prior CBEC notification.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination sets conversion rates for foreign currencies for import and export goods effective from notification.
Determines the exchange rate for conversion of specified foreign currencies into Indian rupees and vice versa for customs valuation of imported and export goods, prescribing separate rates for imports and exports in two annexed schedules and stating that the rates are effective from the notification date while superseding a prior CBEC notification.
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