Exchange rate determination for imported goods set effective 1 August, specifying Schedule I per unit and Schedule II per hundred. Determination under the Customs Act supersedes the earlier notification and prescribes exchange rates for valuing imported goods effective 1 August 2002. Schedule I gives rupee equivalents per one unit for named currencies including US Dollar, Euro and Pound Sterling; Schedule II gives the rupee equivalent for one hundred units of Japanese Yen. The numeric rates in the schedules are declared operative for customs conversion 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 for imported goods set effective 1 August, specifying Schedule I per unit and Schedule II per hundred.
Determination under the Customs Act supersedes the earlier notification and prescribes exchange rates for valuing imported goods effective 1 August 2002. Schedule I gives rupee equivalents per one unit for named currencies including US Dollar, Euro and Pound Sterling; Schedule II gives the rupee equivalent for one hundred units of Japanese Yen. The numeric rates in the schedules are declared operative for customs conversion purposes.
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