Exchange rate notification fixes foreign-to-rupee conversion rates for imported goods under customs law, specifying per hundred treatment for some currencies. Notification prescribes rupee equivalents for specified foreign currencies for conversion under section 14 of the Customs Act, 1962, applicable to imported goods and effective from the stated operative date. It lists individual currency rates and specifies that certain currencies are to be converted on a per-hundred-unit basis. A separate simultaneous notification deals with export goods.
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 notification fixes foreign-to-rupee conversion rates for imported goods under customs law, specifying per hundred treatment for some currencies.
Notification prescribes rupee equivalents for specified foreign currencies for conversion under section 14 of the Customs Act, 1962, applicable to imported goods and effective from the stated operative date. It lists individual currency rates and specifies that certain currencies are to be converted on a per-hundred-unit basis. A separate simultaneous notification deals with export goods.
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