Exchange rate determination for export goods set by notification, superseding prior notice and fixing conversion rates. The Board, exercising powers under section 14(3)(a)(i) of the Customs Act, 1962, supersedes the earlier notification and fixes rates of exchange for specified foreign currencies for export goods. The notification prescribes conversion rates in Schedule I for individual currencies and in Schedule II for the Japanese Yen per one hundred units, to be used for conversion into or from Indian rupees and effective from the stated operative date.
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Exchange rate determination for export goods set by notification, superseding prior notice and fixing conversion rates.
The Board, exercising powers under section 14(3)(a)(i) of the Customs Act, 1962, supersedes the earlier notification and fixes rates of exchange for specified foreign currencies for export goods. The notification prescribes conversion rates in Schedule I for individual currencies and in Schedule II for the Japanese Yen per one hundred units, to be used for conversion into or from Indian rupees and effective from the stated operative date.
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