Exchange rate determination for export goods establishes official currency conversion rates for customs application. The Central Government determines the rate of exchange between specified foreign currencies and Indian rupees for export goods, superseding the prior notification; Schedule I lists rupee equivalents per one unit of named currencies and Schedule II lists rupee equivalents per one hundred units, and those rates operate from the stated effective date for application in export-related customs matters.
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 for customs application.
The Central Government determines the rate of exchange between specified foreign currencies and Indian rupees for export goods, superseding the prior notification; Schedule I lists rupee equivalents per one unit of named currencies and Schedule II lists rupee equivalents per one hundred units, and those rates operate from the stated effective date for application in export-related customs matters.
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