Exchange rate determination for specified foreign currencies to apply to import and export valuation under customs rules. The Central Board of Indirect Taxes and Customs, exercising powers under Section 14 of the Customs Act, 1962, prescribes conversion rates of specified foreign currencies into Indian rupees for valuation of imported and exported goods, with distinct rates for imports and exports, effective from 17th August, 2018, and superseding an earlier notification except for antecedent actions.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for specified foreign currencies to apply to import and export valuation under customs rules.
The Central Board of Indirect Taxes and Customs, exercising powers under Section 14 of the Customs Act, 1962, prescribes conversion rates of specified foreign currencies into Indian rupees for valuation of imported and exported goods, with distinct rates for imports and exports, effective from 17th August, 2018, and superseding an earlier notification except for antecedent actions.
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