Exchange rate determination for exports under Customs Act; specified currency conversion rates fixed and made effective from February. The Central Government, exercising powers under the Customs Act, determines definitive exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, superseding the prior notification; the applicable rates are set out in two appended schedules (single-unit and per-hundred-unit currencies) and apply 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 for exports under Customs Act; specified currency conversion rates fixed and made effective from February.
The Central Government, exercising powers under the Customs Act, determines definitive exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, superseding the prior notification; the applicable rates are set out in two appended schedules (single-unit and per-hundred-unit currencies) and apply from the stated effective date.
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