Exchange rate determination for exports: prescribed conversion rates for listed foreign currencies, superseding earlier notification. The Central Government, under the Customs Act authority, prescribes specific rates of exchange for conversion of listed foreign currencies to Indian rupees for export goods, superseding the prior notification; operative rates are set out in Schedule I (per one unit) and Schedule II (per 100 units) and apply for customs and related export purposes from the notified 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 exports: prescribed conversion rates for listed foreign currencies, superseding earlier notification.
The Central Government, under the Customs Act authority, prescribes specific rates of exchange for conversion of listed foreign currencies to Indian rupees for export goods, superseding the prior notification; operative rates are set out in Schedule I (per one unit) and Schedule II (per 100 units) and apply for customs and related export purposes from the notified commencement date.
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