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        Customs

        Rate of Exchange - 21/86 - Customs -Tariff

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        Rate of exchange determination fixes the Russian rouble conversion rate for Customs Act currency valuation purposes. The Central Government fixes the rate of exchange for one Russian rouble into Indian currency at rupees 12.1527 for purposes of the Customs Act, 1962, and supersedes the prior notification dated 15th November, 1985.
                          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.

                                Rate of exchange determination fixes the Russian rouble conversion rate for Customs Act currency valuation purposes.

                                The Central Government fixes the rate of exchange for one Russian rouble into Indian currency at rupees 12.1527 for purposes of the Customs Act, 1962, and supersedes the prior notification dated 15th November, 1985.


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