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        Customs

        Exchange Rate - 37/86 - Customs -Tariff

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        Exchange rate determination for Russian rouble under customs law sets the conversion basis for customs valuation and procedures. Determines the official conversion rate for one Russian rouble into Indian currency for the purposes of section 14 of the Customs Act, 1962, prescribing rupees 12.5231 as the rate to be applied in customs conversions and superseding the earlier Ministry of Finance Department of Revenue notification.
                          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 Russian rouble under customs law sets the conversion basis for customs valuation and procedures.

                                Determines the official conversion rate for one Russian rouble into Indian currency for the purposes of section 14 of the Customs Act, 1962, prescribing rupees 12.5231 as the rate to be applied in customs conversions and superseding the earlier Ministry of Finance Department of Revenue notification.


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