Exchange rate determination under Customs Act sets notified conversion rates for imports and exports effective immediately. Determination under section 14 of the Customs Act, 1962 fixes specific conversion rates for listed foreign currencies for customs valuation of imported and exported goods effective 20th July, 2018; two schedules set distinct import and export rates (one-unit rates in Schedule I and per 100-unit rate in Schedule II), and the notification supersedes the earlier 5th July notification except as to prior actions.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination under Customs Act sets notified conversion rates for imports and exports effective immediately.
Determination under section 14 of the Customs Act, 1962 fixes specific conversion rates for listed foreign currencies for customs valuation of imported and exported goods effective 20th July, 2018; two schedules set distinct import and export rates (one-unit rates in Schedule I and per 100-unit rate in Schedule II), and the notification supersedes the earlier 5th July notification except as to prior actions.
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