Exchange rate determination fixes conversion rates for export goods under the Customs Act, effective January ninety-four. Central Government determines the rate of exchange for specified foreign currencies for the purposes of the Customs Act in relation to export goods, effective 1 January 1994, superseding an earlier notification; conversion between listed foreign currencies and Indian currency for export transactions shall be at the rates set out in Schedule I (per one unit) and Schedule II (per 100 units) appended to the notification.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination fixes conversion rates for export goods under the Customs Act, effective January ninety-four.
Central Government determines the rate of exchange for specified foreign currencies for the purposes of the Customs Act in relation to export goods, effective 1 January 1994, superseding an earlier notification; conversion between listed foreign currencies and Indian currency for export transactions shall be at the rates set out in Schedule I (per one unit) and Schedule II (per 100 units) appended to the notification.
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