Rate of exchange of one unit of foreign currency equivalent to Indian rupees - Supersession Notification No. 78/2022-Customs(N.T.), dated 15 September, 2022 - 87/2022 - Customs - Non Tariff
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Exchange Rate Determination: statutory customs conversion rates set for specified foreign currencies for import and export purposes, superseding prior notice. Determination under the Customs Act authority prescribes distinct statutory rates of exchange for specified foreign currencies into Indian rupees for import and export goods, set out in Schedule I (per unit) and Schedule II (per 100 units). The notification supersedes the prior notification while preserving prior actions and fixes the conversion figures to be used for customs valuation and related purposes from the stated 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 Determination: statutory customs conversion rates set for specified foreign currencies for import and export purposes, superseding prior notice.
Determination under the Customs Act authority prescribes distinct statutory rates of exchange for specified foreign currencies into Indian rupees for import and export goods, set out in Schedule I (per unit) and Schedule II (per 100 units). The notification supersedes the prior notification while preserving prior actions and fixes the conversion figures to be used for customs valuation and related purposes from the stated effective date.
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