Exchange rate determination: conversion rates for specified foreign currencies for imports and exports under Customs Act. Determination of conversion rates for specified foreign currencies into Indian rupees for customs valuation purposes, superseding the prior notification and prescribing separate rupee equivalents for imported and exported goods in Schedule I and Schedule II; these rates are to be used by customs authorities and stakeholders to calculate duty and assess export values from the operative date stated.
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: conversion rates for specified foreign currencies for imports and exports under Customs Act.
Determination of conversion rates for specified foreign currencies into Indian rupees for customs valuation purposes, superseding the prior notification and prescribing separate rupee equivalents for imported and exported goods in Schedule I and Schedule II; these rates are to be used by customs authorities and stakeholders to calculate duty and assess export values from the operative date stated.
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