Exchange rate determination fixes Russian rouble conversion rate under Customs Act, standardising valuation and currency conversion procedures. Determination under the Customs Act prescribes a statutory conversion rate for the Russian rouble into Indian currency for purposes of section 14, issued under the cited sub clause and superseding an earlier notification; the new rate is declared effective from the date stated in the notification and governs customs valuation and conversion 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 fixes Russian rouble conversion rate under Customs Act, standardising valuation and currency conversion procedures.
Determination under the Customs Act prescribes a statutory conversion rate for the Russian rouble into Indian currency for purposes of section 14, issued under the cited sub clause and superseding an earlier notification; the new rate is declared effective from the date stated in the notification and governs customs valuation and conversion procedures.
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