Exchange rate determination for export goods fixes specified foreign currency conversion rates, effective from March, superseding earlier notification. The Central Government determines the rate of exchange for specified foreign currencies for export goods, effective from 1 March 1996, superseding the earlier notification; Schedule I lists rupee equivalents for one unit of certain currencies and Schedule II lists rupee equivalents for 100 units of other currencies, thereby prescribing the conversion rates to be used for export-related customs purposes.
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 fixes specified foreign currency conversion rates, effective from March, superseding earlier notification.
The Central Government determines the rate of exchange for specified foreign currencies for export goods, effective from 1 March 1996, superseding the earlier notification; Schedule I lists rupee equivalents for one unit of certain currencies and Schedule II lists rupee equivalents for 100 units of other currencies, thereby prescribing the conversion rates to be used for export-related customs purposes.
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