Exchange Rate Determination sets official import and export conversion rates for listed foreign currencies, replacing the prior notification. Determines official rupee conversion rates for specified foreign currencies for customs valuation and related purposes, prescribing separate import and export rates in Schedule I and Schedule II and superseding the prior exchange rate notification; the listed rates apply from the stated effective date for conversion of foreign currency into Indian rupees and vice versa in customs transactions.
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 sets official import and export conversion rates for listed foreign currencies, replacing the prior notification.
Determines official rupee conversion rates for specified foreign currencies for customs valuation and related purposes, prescribing separate import and export rates in Schedule I and Schedule II and superseding the prior exchange rate notification; the listed rates apply from the stated effective date for conversion of foreign currency into Indian rupees and vice versa in customs transactions.
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