Exchange rate determination for export goods establishes official currency conversion rates and supersedes earlier notification. Central Government determination under the Customs Act prescribes official conversion rates of specified foreign currencies into Indian rupees and vice versa for export goods, superseding the earlier notification and making the rates in the appended Schedule I (unit-based rates) and Schedule II (per one hundred units) operative from the stated commencement 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 rate determination for export goods establishes official currency conversion rates and supersedes earlier notification.
Central Government determination under the Customs Act prescribes official conversion rates of specified foreign currencies into Indian rupees and vice versa for export goods, superseding the earlier notification and making the rates in the appended Schedule I (unit-based rates) and Schedule II (per one hundred units) operative from the stated commencement date.
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