Exchange rate determination for export goods sets official conversion rates for specified foreign currencies for customs purposes. Determines official rates of exchange for conversion between specified foreign currencies and Indian currency for export goods, superseding an earlier notification and prescribing that, from the notified commencement date, the rates set out in Schedule I (per unit rupee equivalents for listed currencies) and Schedule II (rupee equivalents per 100 units for specified currencies) shall be the applicable exchange rates for customs purposes.
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 official conversion rates for specified foreign currencies for customs purposes.
Determines official rates of exchange for conversion between specified foreign currencies and Indian currency for export goods, superseding an earlier notification and prescribing that, from the notified commencement date, the rates set out in Schedule I (per unit rupee equivalents for listed currencies) and Schedule II (rupee equivalents per 100 units for specified currencies) shall be the applicable exchange rates for customs purposes.
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