Exchange rate determination for customs establishes separate import and export conversion rates for listed foreign currencies, effective immediately. The Central Board of Indirect Taxes and Customs determines specific exchange rates for conversion between listed foreign currencies and the Indian rupee for customs purposes, prescribing separate import and export rates in Schedule I and per 100 unit rates in Schedule II, superseding the earlier notification except as to past actions, effective from 3rd May 2019.
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 establishes separate import and export conversion rates for listed foreign currencies, effective immediately.
The Central Board of Indirect Taxes and Customs determines specific exchange rates for conversion between listed foreign currencies and the Indian rupee for customs purposes, prescribing separate import and export rates in Schedule I and per 100 unit rates in Schedule II, superseding the earlier notification except as to past actions, effective from 3rd May 2019.
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