Exchange rate determination for export goods takes effect, prescribing conversion rates and superseding the earlier notification. A notification under section 14(3)(a) of the Customs Act supersedes Notification No. 42/99-NT-Customs and determines that, for export goods, the rate of exchange for conversion between each foreign currency listed in Schedule I and Schedule II and Indian rupees shall be the rate shown opposite that currency; the conversion applies in both directions and the prescribed rates take effect from 1st August, 1999.
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 takes effect, prescribing conversion rates and superseding the earlier notification.
A notification under section 14(3)(a) of the Customs Act supersedes Notification No. 42/99-NT-Customs and determines that, for export goods, the rate of exchange for conversion between each foreign currency listed in Schedule I and Schedule II and Indian rupees shall be the rate shown opposite that currency; the conversion applies in both directions and the prescribed rates take effect from 1st August, 1999.
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