Customs exchange rate determination sets conversion rates for foreign currencies for import and export under Section 14. Prescribes, under Section 14 of the Customs Act, 1962, the Rate of Exchange for specified foreign currencies into Indian rupees and vice versa for customs valuation of imported and exported goods, superseding the prior CBIC exchange rate notification and providing two schedules with separate imported and exported goods rates per currency.
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Provisions expressly mentioned in the judgment/order text.
Customs exchange rate determination sets conversion rates for foreign currencies for import and export under Section 14.
Prescribes, under Section 14 of the Customs Act, 1962, the Rate of Exchange for specified foreign currencies into Indian rupees and vice versa for customs valuation of imported and exported goods, superseding the prior CBIC exchange rate notification and providing two schedules with separate imported and exported goods rates per currency.
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