Exchange rate determination for export goods fixes schedule-based rupee conversion values effective from the specified date. The Central Government determines the rate of exchange for conversion between specified foreign currencies and Indian currency for export goods, superseding an earlier notification and fixing schedule-based rupee equivalents effective 1 March 1997; Schedule I lists rates per one unit and Schedule II lists rates per one hundred units for use in customs export calculations.
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 fixes schedule-based rupee conversion values effective from the specified date.
The Central Government determines the rate of exchange for conversion between specified foreign currencies and Indian currency for export goods, superseding an earlier notification and fixing schedule-based rupee equivalents effective 1 March 1997; Schedule I lists rates per one unit and Schedule II lists rates per one hundred units for use in customs export calculations.
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