Exchange rate determination for customs conversion fixes distinct imported and exported currency rates, effective from the notified date. The notification fixes the rate of exchange to be used for converting each listed foreign currency into Indian rupees for customs purposes, with distinct rates for imported and exported goods, effective from the stated operative date, and superseding the prior notification except as to prior actions; two schedules annexed set unit rates and per hundred unit rates for the specified currencies.
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 conversion fixes distinct imported and exported currency rates, effective from the notified date.
The notification fixes the rate of exchange to be used for converting each listed foreign currency into Indian rupees for customs purposes, with distinct rates for imported and exported goods, effective from the stated operative date, and superseding the prior notification except as to prior actions; two schedules annexed set unit rates and per hundred unit rates for the specified currencies.
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