Exchange Rate Determination under Customs Act sets distinct import and export currency rates as notified. The Board fixes distinct conversion rates for specified foreign currencies into Indian rupees for import and export goods, effective 8th December, 2017, superseding the earlier notification; two schedules prescribe per currency rates (unitary and per 100 units) with separate figures for imported and export goods, and the instrument notes an amendment to the South African Rand entry and later supersession.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination under Customs Act sets distinct import and export currency rates as notified.
The Board fixes distinct conversion rates for specified foreign currencies into Indian rupees for import and export goods, effective 8th December, 2017, superseding the earlier notification; two schedules prescribe per currency rates (unitary and per 100 units) with separate figures for imported and export goods, and the instrument notes an amendment to the South African Rand entry and later supersession.
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