Exchange rate determination for export goods sets formal conversion rates to guide customs valuation and export compliance. Determination of exchange rates for specified foreign currencies for conversion into Indian currency and vice versa for export goods, fixing the rate of exchange for each listed currency to be applied by customs and exporters for valuation and compliance, effective from the first day of January following issuance.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for export goods sets formal conversion rates to guide customs valuation and export compliance.
Determination of exchange rates for specified foreign currencies for conversion into Indian currency and vice versa for export goods, fixing the rate of exchange for each listed currency to be applied by customs and exporters for valuation and compliance, effective from the first day of January following issuance.
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