Exchange rate determination for export goods sets specified foreign currency conversion rates into Indian rupees effective from notification. Notification No.40/2002-Customs (N.T.) fixes conversion rates for specified foreign currencies into Indian rupees for export goods, superseding the prior notification, and sets out unit rates in Schedule I and a 100-unit rate for Japanese Yen in Schedule II to apply with effect from the notified commencement date for export-related customs conversion and valuation.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for export goods sets specified foreign currency conversion rates into Indian rupees effective from notification.
Notification No.40/2002-Customs (N.T.) fixes conversion rates for specified foreign currencies into Indian rupees for export goods, superseding the prior notification, and sets out unit rates in Schedule I and a 100-unit rate for Japanese Yen in Schedule II to apply with effect from the notified commencement date for export-related customs conversion and valuation.
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