Exchange rate determination for export goods establishes specified foreign currency conversion rates and supersedes prior notification. The Central Government, under section 14(3)(a)(i) of the Customs Act, determines conversion rates of specified foreign currencies into Indian rupees for export goods, setting out per unit rates in Schedule I and per 100 unit rates in Schedule II, and superseding Notification No. 43/98-NT-Customs; these prescribed rates are to be applied for export-related customs conversions from the stated effective date.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for export goods establishes specified foreign currency conversion rates and supersedes prior notification.
The Central Government, under section 14(3)(a)(i) of the Customs Act, determines conversion rates of specified foreign currencies into Indian rupees for export goods, setting out per unit rates in Schedule I and per 100 unit rates in Schedule II, and superseding Notification No. 43/98-NT-Customs; these prescribed rates are to be applied for export-related customs conversions from the stated effective date.
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