Exchange rate determination for export goods establishes official conversion rates for foreign currencies into Indian rupees. Central Government, under section 14(3)(a)(i) of the Customs Act, 1962, prescribes official exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, superseding Notification No. 7/99-NT-Customs; Schedule I sets rates per one unit and Schedule II sets rates per one hundred units, effective from 1st March, 1999.
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Exchange rate determination for export goods establishes official conversion rates for foreign currencies into Indian rupees.
Central Government, under section 14(3)(a)(i) of the Customs Act, 1962, prescribes official exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, superseding Notification No. 7/99-NT-Customs; Schedule I sets rates per one unit and Schedule II sets rates per one hundred units, effective from 1st March, 1999.
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