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        Exchange rate Notification No.05/2021-Cus (NT) dated 21.1.2021. - 05/2021 - Customs - Non Tariff

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        Exchange rate determination: prescribed foreign currency conversion rates for import and export transactions effective under Customs Act. The notification prescribes conversion rates between specified foreign currencies and Indian rupees for use in customs valuation of imported and exported goods, superseding the prior notification and fixing distinct import and export rates in two schedules (unit-based and per-hundred-unit currencies) effective from the stated date for customs assessment purposes.
                      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: prescribed foreign currency conversion rates for import and export transactions effective under Customs Act.

                            The notification prescribes conversion rates between specified foreign currencies and Indian rupees for use in customs valuation of imported and exported goods, superseding the prior notification and fixing distinct import and export rates in two schedules (unit-based and per-hundred-unit currencies) effective from the stated date for customs assessment purposes.


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