Exchange rate determination sets conversion rates for specified foreign currencies into Indian rupees for export goods, replacing prior notification. The Central Government, under sub-clause (a) of sub-section (3) of Section 14 of the Customs Act, 1962, notifies specific conversion rates for listed foreign currencies into Indian rupees for export goods, superseding the earlier notification and prescribing the schedules of rates to be applied 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 sets conversion rates for specified foreign currencies into Indian rupees for export goods, replacing prior notification.
The Central Government, under sub-clause (a) of sub-section (3) of Section 14 of the Customs Act, 1962, notifies specific conversion rates for listed foreign currencies into Indian rupees for export goods, superseding the earlier notification and prescribing the schedules of rates to be applied in export-related customs procedures.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
