Exchange rate determination for export goods fixing foreign currency conversion rates and superseding the prior notification. Determination under the Customs Act fixes conversion rates for specified foreign currencies for export goods, superseding the prior notification and making the rates operative from the stated commencement date. The instrument implements two schedules: Schedule I (rates per one unit of currency) and Schedule II (rates per one hundred units) to be used for conversion into Indian rupees for export valuation and customs 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 for export goods fixing foreign currency conversion rates and superseding the prior notification.
Determination under the Customs Act fixes conversion rates for specified foreign currencies for export goods, superseding the prior notification and making the rates operative from the stated commencement date. The instrument implements two schedules: Schedule I (rates per one unit of currency) and Schedule II (rates per one hundred units) to be used for conversion into Indian rupees for export valuation and customs purposes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.