Exchange rate determination sets prescribed currency conversion rates for export goods effective from the notified date. The Central Government, under section 14(3)(a)(i) of the Customs Act, determines exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, superseding the earlier notification, and prescribes rates set out in two Schedules (rates per one unit in Schedule I and per one hundred units in Schedule II) effective from the notified commencement 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 sets prescribed currency conversion rates for export goods effective from the notified date.
The Central Government, under section 14(3)(a)(i) of the Customs Act, determines exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, superseding the earlier notification, and prescribes rates set out in two Schedules (rates per one unit in Schedule I and per one hundred units in Schedule II) effective from the notified commencement date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
