Exchange rate determination for export goods sets official conversion rates and supersedes the prior notification, effective June 2003. The Board, exercising powers under section 14 of the Customs Act, 1962, determines official rupee equivalents for specified foreign currencies for purposes of export goods, effective 1 June 2003, superseding the prior notification of 25 April 2003. Rates are set in two schedules: Schedule I gives rupee equivalents per one unit of currency; Schedule II gives rupee equivalents per one hundred units where applicable.
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Exchange rate determination for export goods sets official conversion rates and supersedes the prior notification, effective June 2003.
The Board, exercising powers under section 14 of the Customs Act, 1962, determines official rupee equivalents for specified foreign currencies for purposes of export goods, effective 1 June 2003, superseding the prior notification of 25 April 2003. Rates are set in two schedules: Schedule I gives rupee equivalents per one unit of currency; Schedule II gives rupee equivalents per one hundred units where applicable.
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