Exchange rate amendment updates foreign currency conversion rates for export goods, replacing prior schedule and fixing new rates. Amendment substitutes Schedule I entries for serial numbers 5, 7, 11, 13 and 14 of the prior customs notification by replacing the exchange rates for Deutsche Mark, French Franc, Pound Sterling, Swiss Franc and U.S. Dollar with newly specified rupee equivalents per unit; the substituted schedule is declared operative from the stated effective date for customs calculations relating to export goods.
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 amendment updates foreign currency conversion rates for export goods, replacing prior schedule and fixing new rates.
Amendment substitutes Schedule I entries for serial numbers 5, 7, 11, 13 and 14 of the prior customs notification by replacing the exchange rates for Deutsche Mark, French Franc, Pound Sterling, Swiss Franc and U.S. Dollar with newly specified rupee equivalents per unit; the substituted schedule is declared operative from the stated effective date for customs calculations relating to export goods.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.