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        Customs

        Rate of exchange of one unit of foreign currency equivalent to Indian rupees - Supersession Notification No. 54/2023-Customs(N.T.), dated 20th July, 2023 - 57/2023 - Customs - Non Tariff

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        Exchange rate determination sets distinct import and export conversion rates for specified foreign currencies under customs rules. The Central Board of Indirect Taxes and Customs, under authority of the Customs Act, has prescribed distinct import and export conversion rates for specified foreign currencies in two schedules-Schedule I giving per unit rates and Schedule II giving per hundred unit rates-and made those rates effective from 4th August, 2023; this notification supersedes the prior exchange rate notification of 20th July, 2023 except for prior actions.
                      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 distinct import and export conversion rates for specified foreign currencies under customs rules.

                            The Central Board of Indirect Taxes and Customs, under authority of the Customs Act, has prescribed distinct import and export conversion rates for specified foreign currencies in two schedules-Schedule I giving per unit rates and Schedule II giving per hundred unit rates-and made those rates effective from 4th August, 2023; this notification supersedes the prior exchange rate notification of 20th July, 2023 except for prior actions.


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