Exchange Rate Determination revises customs exchange rates for imported goods, altering valuation basis under statutory authority. Central Government amends Notification No. 28/98-NT-Cus by substituting entries in Schedule I and Schedule II to prescribe rupee equivalents for listed foreign currencies (rates per one unit in Schedule I and per 100 units in Schedule II) for customs treatment of imported goods; the revised rates are effective from 24th June, 1998.
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 revises customs exchange rates for imported goods, altering valuation basis under statutory authority.
Central Government amends Notification No. 28/98-NT-Cus by substituting entries in Schedule I and Schedule II to prescribe rupee equivalents for listed foreign currencies (rates per one unit in Schedule I and per 100 units in Schedule II) for customs treatment of imported goods; the revised rates are effective from 24th June, 1998.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
