Exchange rate determination for export goods establishes prescribed currency conversion rates to govern export-related customs conversions. The Central Government prescribes specific conversion rates for listed foreign currencies for export goods under the Customs Act, effective from the stated commencement date, and supersedes the earlier notification; two Schedules set rates per unit or per 100 units to be used for conversion between foreign currency and Indian Rupees in export-related customs procedures.
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 prescribed currency conversion rates to govern export-related customs conversions.
The Central Government prescribes specific conversion rates for listed foreign currencies for export goods under the Customs Act, effective from the stated commencement date, and supersedes the earlier notification; two Schedules set rates per unit or per 100 units to be used for conversion between foreign currency and Indian Rupees in export-related customs procedures.
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