Exchange rate determination for export goods: schedule rates prescribed as authoritative conversion benchmarks for customs purposes. Determination of rate of exchange for conversion between specified foreign currencies and Indian rupees is prescribed for the purposes of the Customs Act in relation to export goods, with specific conversion rates set out in two appended schedules (per unit and per 100 unit lists) that supersede the prior notification and take effect on the date specified, serving as the authoritative benchmarks for export-related currency conversion.
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: schedule rates prescribed as authoritative conversion benchmarks for customs purposes.
Determination of rate of exchange for conversion between specified foreign currencies and Indian rupees is prescribed for the purposes of the Customs Act in relation to export goods, with specific conversion rates set out in two appended schedules (per unit and per 100 unit lists) that supersede the prior notification and take effect on the date specified, serving as the authoritative benchmarks for export-related currency conversion.
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