Exchange rate determination sets official conversion rates for exported goods under customs authority, replacing prior notification. Fixes official conversion rates for specified foreign currencies for exported goods, superseding the prior Ministry of Finance notification and prescribing, from the stated commencement date, the exchange rate entries set out in two Schedules (Schedule I: rates per one unit; Schedule II: rates per one hundred units) for use in export valuation and related customs purposes.
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 official conversion rates for exported goods under customs authority, replacing prior notification.
Fixes official conversion rates for specified foreign currencies for exported goods, superseding the prior Ministry of Finance notification and prescribing, from the stated commencement date, the exchange rate entries set out in two Schedules (Schedule I: rates per one unit; Schedule II: rates per one hundred units) for use in export valuation and related customs purposes.
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