Exchange Rate Determination sets prescribed currency conversion rates for imported goods, superseding prior notification and governing customs valuation. Determination prescribes specific currency conversion rates for imported goods, effective from 1st August 2003, superseding the earlier June notification. Two schedules fix rupee equivalents: Schedule I lists rates per one unit of specified currencies; Schedule II lists rates per one hundred units. The notification provides the operative exchange-rate table to be used for customs valuation and related non-tariff procedures under the Board's statutory authority.
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 sets prescribed currency conversion rates for imported goods, superseding prior notification and governing customs valuation.
Determination prescribes specific currency conversion rates for imported goods, effective from 1st August 2003, superseding the earlier June notification. Two schedules fix rupee equivalents: Schedule I lists rates per one unit of specified currencies; Schedule II lists rates per one hundred units. The notification provides the operative exchange-rate table to be used for customs valuation and related non-tariff procedures under the Board's statutory authority.
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