Exchange rate determination under the Customs Act sets prescribed import and export conversion rates effective in October. Determination of statutory conversion rates under section 14 of the Customs Act, 1962, effective 18 October 2019, superseding the prior notification of 3 October 2019, with distinct imported and exported goods rates set out in Schedule I (per one unit) and Schedule II (per 100 units) to be applied for customs valuation and related purposes.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination under the Customs Act sets prescribed import and export conversion rates effective in October.
Determination of statutory conversion rates under section 14 of the Customs Act, 1962, effective 18 October 2019, superseding the prior notification of 3 October 2019, with distinct imported and exported goods rates set out in Schedule I (per one unit) and Schedule II (per 100 units) to be applied for customs valuation and related purposes.
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