Exchange rate determination for customs: specified foreign currency conversion rates apply to imports and exports from the notified effective date. The customs authority prescribes specific conversion rates for listed foreign currencies into Indian rupees, with distinct rates for imports and exports set out in Schedules I and II; these rates take effect from the notified effective date and supersede the prior notification except as to actions already completed.
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: specified foreign currency conversion rates apply to imports and exports from the notified effective date.
The customs authority prescribes specific conversion rates for listed foreign currencies into Indian rupees, with distinct rates for imports and exports set out in Schedules I and II; these rates take effect from the notified effective date and supersede the prior notification except as to actions already completed.
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