Exchange rate determination for export goods sets specified foreign currency conversion rates effective from the stated date. The Board prescribes specified rates of conversion between Indian currency and listed foreign currencies for export goods, superseding the earlier notification and fixing the operative rates to apply from the stated effective date. The notification provides two schedules: Schedule I lists exchange rates per one unit of specified currencies, and Schedule II lists rates per one hundred units, establishing the conversion table for customs export valuation and related administrative application.
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 export goods sets specified foreign currency conversion rates effective from the stated date.
The Board prescribes specified rates of conversion between Indian currency and listed foreign currencies for export goods, superseding the earlier notification and fixing the operative rates to apply from the stated effective date. The notification provides two schedules: Schedule I lists exchange rates per one unit of specified currencies, and Schedule II lists rates per one hundred units, establishing the conversion table for customs export valuation and related administrative application.
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