Exchange Rate Determination fixes official currency conversion rates for export goods, superseding the prior customs notification and taking effect immediately. Determination fixes official conversion rates between listed foreign currencies and Indian rupees for export goods, superseding the prior customs exchange rate notification. Schedule I prescribes per-unit rates for specified currencies and Schedule II prescribes the rate per one hundred units for the Japanese Yen, these rates to be used for export-related customs calculations under the authority of the Customs Act.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination fixes official currency conversion rates for export goods, superseding the prior customs notification and taking effect immediately.
Determination fixes official conversion rates between listed foreign currencies and Indian rupees for export goods, superseding the prior customs exchange rate notification. Schedule I prescribes per-unit rates for specified currencies and Schedule II prescribes the rate per one hundred units for the Japanese Yen, these rates to be used for export-related customs calculations under the authority of the Customs Act.
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