Exchange rate determination for export goods prescribes official currency conversion rates, superseding prior notification for customs purposes. Determination of official exchange rates for conversion of specified foreign currencies into Indian rupees for export goods under section 14(3)(a)(i) of the Customs Act, 1962, superseding Notification No. 53/98-NT-Customs. The rates prescribed by the Central Government take effect from 1st October 1998 and are set out in Schedule I (per unit rates for major currencies) and Schedule II (rates per 100 units for certain currencies).
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 prescribes official currency conversion rates, superseding prior notification for customs purposes.
Determination of official exchange rates for conversion of specified foreign currencies into Indian rupees for export goods under section 14(3)(a)(i) of the Customs Act, 1962, superseding Notification No. 53/98-NT-Customs. The rates prescribed by the Central Government take effect from 1st October 1998 and are set out in Schedule I (per unit rates for major currencies) and Schedule II (rates per 100 units for certain currencies).
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