Exchange rate determination for exports sets prescribed currency conversion rates and supersedes the prior notification effective early October. Determination of exchange rates for export goods under the Customs Act: the Central Government supersedes Notification No. 37/97 and prescribes revised conversion rates for specified foreign currencies into Indian rupees, effective from the first day of October, 1997. Schedule I lists rates per one unit of currency; Schedule II lists rates per one hundred units, establishing official conversion rates for customs valuation and export procedures.
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 sets prescribed currency conversion rates and supersedes the prior notification effective early October.
Determination of exchange rates for export goods under the Customs Act: the Central Government supersedes Notification No. 37/97 and prescribes revised conversion rates for specified foreign currencies into Indian rupees, effective from the first day of October, 1997. Schedule I lists rates per one unit of currency; Schedule II lists rates per one hundred units, establishing official conversion rates for customs valuation and export procedures.
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