Exchange rate determination for export goods prescribes official conversion rates and supersedes earlier notification forthwith. The Central Government prescribes official conversion rates for specified foreign currencies for export goods, superseding the earlier notification; Schedule I lists rupee equivalents per one unit of each listed currency and Schedule II lists rupee equivalents per one hundred units for specified currencies, and those rates are the operative exchange rates for export-related customs conversions.
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 conversion rates and supersedes earlier notification forthwith.
The Central Government prescribes official conversion rates for specified foreign currencies for export goods, superseding the earlier notification; Schedule I lists rupee equivalents per one unit of each listed currency and Schedule II lists rupee equivalents per one hundred units for specified currencies, and those rates are the operative exchange rates for export-related customs conversions.
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