Exchange Rate Determination establishes specified foreign currency conversion rates for customs valuation affecting imports and exports. The notification fixes foreign currency conversion rates into Indian rupees for customs valuation, prescribing distinct import and export rates in Schedule I and a per hundred rate in Schedule II, effective from the stated date and superseding the prior notification while preserving prior acts and omissions.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination establishes specified foreign currency conversion rates for customs valuation affecting imports and exports.
The notification fixes foreign currency conversion rates into Indian rupees for customs valuation, prescribing distinct import and export rates in Schedule I and a per hundred rate in Schedule II, effective from the stated date and superseding the prior notification while preserving prior acts and omissions.
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