Exchange rate determination under Customs Act sets official conversion rates for imports and exports effective mid October. Under authority of the Customs Act the notification fixes the rate of exchange for specified foreign currencies, with distinct conversion rates for imported goods and for export goods, effective 19th October, 2017. The notification supersedes the prior exchange rate notification while preserving prior actions, and presents the rates in two schedules (per unit and per 100 units), with certain currency entries later substituted by subsequent administrative notifications.
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 under Customs Act sets official conversion rates for imports and exports effective mid October.
Under authority of the Customs Act the notification fixes the rate of exchange for specified foreign currencies, with distinct conversion rates for imported goods and for export goods, effective 19th October, 2017. The notification supersedes the prior exchange rate notification while preserving prior actions, and presents the rates in two schedules (per unit and per 100 units), with certain currency entries later substituted by subsequent administrative notifications.
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