Exchange rate determination for customs under section 14: notified conversion rates apply to import and export goods from early November. The Central Board of Excise and Customs, exercising powers under section 14 of the Customs Act, 1962, prescribes conversion rates for specified foreign currencies to Indian rupees for use in relation to imported and export goods, effective 3rd November, 2017, and superseding the prior notification; rates appear in Schedule I (per one unit) and Schedule II (per 100 units) with separate columns for imported and export goods.
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 for customs under section 14: notified conversion rates apply to import and export goods from early November.
The Central Board of Excise and Customs, exercising powers under section 14 of the Customs Act, 1962, prescribes conversion rates for specified foreign currencies to Indian rupees for use in relation to imported and export goods, effective 3rd November, 2017, and superseding the prior notification; rates appear in Schedule I (per one unit) and Schedule II (per 100 units) with separate columns for imported and export goods.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.