Exchange rate determination prescribes conversion rates for specified foreign currencies for import valuation under section fourteen of the Customs Act. Determination under the Customs Act fixes the official rate of exchange for specified foreign currencies for import valuation, superseding the earlier notification insofar as it related to exchange rate powers; two appended schedules prescribe per unit conversion rates for listed currencies and a per hundred unit rate for Japanese Yen, to apply from the stated effective date.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination prescribes conversion rates for specified foreign currencies for import valuation under section fourteen of the Customs Act.
Determination under the Customs Act fixes the official rate of exchange for specified foreign currencies for import valuation, superseding the earlier notification insofar as it related to exchange rate powers; two appended schedules prescribe per unit conversion rates for listed currencies and a per hundred unit rate for Japanese Yen, to apply from the stated effective date.
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