Exchange rate amendment: substitution in Schedule I revises official rupee equivalents for specified foreign currencies affecting customs valuation. The Board, exercising powers under the Customs Act, substitutes entries at serial numbers 1 and 10 in Schedule-I to revise the rupee equivalents for the Australian Dollar and the Norwegian Kroner, specifying separate rates for imported goods and for exported goods, with the substitution operative from the notified effective date.
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 amendment: substitution in Schedule I revises official rupee equivalents for specified foreign currencies affecting customs valuation.
The Board, exercising powers under the Customs Act, substitutes entries at serial numbers 1 and 10 in Schedule-I to revise the rupee equivalents for the Australian Dollar and the Norwegian Kroner, specifying separate rates for imported goods and for exported goods, with the substitution operative from the notified effective date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
