Exchange rate determination for Russian rouble under Customs Act established for conversion with Indian currency for customs purposes. The Central Government, under section 14 of the Customs Act, fixes the rupee equivalent for conversion of one Russian rouble into Indian currency or vice versa for customs purposes, superseding the earlier notification and prescribing a uniform exchange rate to be applied in statutory customs computations.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for Russian rouble under Customs Act established for conversion with Indian currency for customs purposes.
The Central Government, under section 14 of the Customs Act, fixes the rupee equivalent for conversion of one Russian rouble into Indian currency or vice versa for customs purposes, superseding the earlier notification and prescribing a uniform exchange rate to be applied in statutory customs computations.
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