Exchange rate determination for customs conversions establishes specified import and export currency rates for valuation. The Central Board of Excise and Customs determines rates of exchange for specified foreign currencies for conversion into Indian rupees and vice versa for customs purposes, establishing separate rates for imported and export goods in Schedule I (per unit) and Schedule II (per 100 units), effective from 1st October, 2008, and expressly superseding the earlier notification of 26th August, 2008 while noting subsequent substitutions and amendments.
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 for customs conversions establishes specified import and export currency rates for valuation.
The Central Board of Excise and Customs determines rates of exchange for specified foreign currencies for conversion into Indian rupees and vice versa for customs purposes, establishing separate rates for imported and export goods in Schedule I (per unit) and Schedule II (per 100 units), effective from 1st October, 2008, and expressly superseding the earlier notification of 26th August, 2008 while noting subsequent substitutions and amendments.
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