Exchange rate determination sets specified foreign currency-to-rupee conversion rates for export goods, effective from March first. The Central Government determines exchange rates for conversion between specified foreign currencies and the Indian rupee for export goods under the Customs Act, setting fixed conversion rates listed in two appended schedules and making those rates applicable with effect from the stated effective date, and superseding the prior exchange rate notification.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination sets specified foreign currency-to-rupee conversion rates for export goods, effective from March first.
The Central Government determines exchange rates for conversion between specified foreign currencies and the Indian rupee for export goods under the Customs Act, setting fixed conversion rates listed in two appended schedules and making those rates applicable with effect from the stated effective date, and superseding the prior exchange rate notification.
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