Exchange rate amendment for export goods updates the Norwegian Kroner conversion basis under customs notification, affecting valuation procedures. Amendment sets the operative exchange rate for the Norwegian Kroner in Schedule I of the export goods notification under powers conferred by the Customs Act, substituting the prior Schedule entry with a new rate of exchange and thereby changing the conversion basis used in customs procedures for exports, effective from the stated commencement date and issued as a formal Customs (Non Tariff) 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 amendment for export goods updates the Norwegian Kroner conversion basis under customs notification, affecting valuation procedures.
Amendment sets the operative exchange rate for the Norwegian Kroner in Schedule I of the export goods notification under powers conferred by the Customs Act, substituting the prior Schedule entry with a new rate of exchange and thereby changing the conversion basis used in customs procedures for exports, effective from the stated commencement date and issued as a formal Customs (Non Tariff) notification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.