Exchange rate determination for export goods sets official conversion rates under the Customs Act, superseding prior notification. The Central Government, under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962, determines official exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, effective 1st December, 1998, superseding the earlier notification; the specific conversion values are set out in Schedule I (per one unit) and Schedule II (per 100 units).
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for export goods sets official conversion rates under the Customs Act, superseding prior notification.
The Central Government, under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962, determines official exchange rates for conversion between specified foreign currencies and Indian rupees for export goods, effective 1st December, 1998, superseding the earlier notification; the specific conversion values are set out in Schedule I (per one unit) and Schedule II (per 100 units).
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