Exchange rate determination for export goods: government prescribes conversion rates under customs law for specified currencies. The Central Government fixes the rate of exchange for conversion of each specified foreign currency into Indian currency for purposes relating to export goods, superseding an earlier notification, and directs that the rates set out in Schedules I and II shall apply with effect from the stated operative date.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for export goods: government prescribes conversion rates under customs law for specified currencies.
The Central Government fixes the rate of exchange for conversion of each specified foreign currency into Indian currency for purposes relating to export goods, superseding an earlier notification, and directs that the rates set out in Schedules I and II shall apply with effect from the stated operative date.
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