Exchange rate determination for imported goods sets specified currency conversion rates effective early October, establishing customs valuation reference. Determination of the rate of exchange for imported goods under the Customs Act, 1962, superseding the prior notification and fixing specified conversion rates into Indian currency with effect from the 1st October, 2002. Operative schedules list rates: Schedule I gives rupee equivalents per one unit of specified foreign currencies; Schedule II gives rupee equivalents per one hundred units for specified currencies.
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 sets specified currency conversion rates effective early October, establishing customs valuation reference.
Determination of the rate of exchange for imported goods under the Customs Act, 1962, superseding the prior notification and fixing specified conversion rates into Indian currency with effect from the 1st October, 2002. Operative schedules list rates: Schedule I gives rupee equivalents per one unit of specified foreign currencies; Schedule II gives rupee equivalents per one hundred units for specified currencies.
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