Exchange Rate Determination sets customs conversion rates for specified foreign currencies, effective from 1 November 2003. Determination fixes exchange rates for converting specified foreign currencies into Indian rupees for customs valuation of imported goods, effective 1 November 2003, superseding the prior September 2003 notification. Two schedules accompany the determination: Schedule I lists unit conversion rates for major currencies, and Schedule II provides the rate per 100 units for Japanese Yen; those schedule entries are the operative rates for import-related customs calculations.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination sets customs conversion rates for specified foreign currencies, effective from 1 November 2003.
Determination fixes exchange rates for converting specified foreign currencies into Indian rupees for customs valuation of imported goods, effective 1 November 2003, superseding the prior September 2003 notification. Two schedules accompany the determination: Schedule I lists unit conversion rates for major currencies, and Schedule II provides the rate per 100 units for Japanese Yen; those schedule entries are the operative rates for import-related customs calculations.
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