Exchange rate determination for export goods sets government-prescribed currency conversion rates for customs purposes. The Central Government prescribes rates of exchange under Section 14(3)(a) of the Customs Act for converting specified foreign currencies into Indian rupees for export goods, superseding the earlier notification and applying the rates set out in Schedule I (unit-based rates) and Schedule II (per one hundred units) with effect from 1st March, 2001.
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 sets government-prescribed currency conversion rates for customs purposes.
The Central Government prescribes rates of exchange under Section 14(3)(a) of the Customs Act for converting specified foreign currencies into Indian rupees for export goods, superseding the earlier notification and applying the rates set out in Schedule I (unit-based rates) and Schedule II (per one hundred units) with effect from 1st March, 2001.
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