Exchange rates for export goods set by government notification, prescribing specified currency conversion rates for customs purposes. The Central Government determines official exchange rates for conversion of specified foreign currencies into Indian currency for export goods under the Customs Act and supersedes the prior notification; the rates set forth in Schedule I (per unit) and Schedule II (per one hundred units) are the applicable conversion rates for customs export purposes from the notification's effective 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 rates for export goods set by government notification, prescribing specified currency conversion rates for customs purposes.
The Central Government determines official exchange rates for conversion of specified foreign currencies into Indian currency for export goods under the Customs Act and supersedes the prior notification; the rates set forth in Schedule I (per unit) and Schedule II (per one hundred units) are the applicable conversion rates for customs export purposes from the notification's effective date.
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