Exchange rate determination fixes conversion rates for specified foreign currencies for import and export effective January 1, 2010. The Central Board issues a statutory notification under the Customs Act prescribing conversion rates for specified foreign currencies into Indian rupees and vice versa for customs valuation of imported and exported goods, superseding the prior notification and providing separate scheduled import conversion rates and export conversion rates for each listed currency.
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 fixes conversion rates for specified foreign currencies for import and export effective January 1, 2010.
The Central Board issues a statutory notification under the Customs Act prescribing conversion rates for specified foreign currencies into Indian rupees and vice versa for customs valuation of imported and exported goods, superseding the prior notification and providing separate scheduled import conversion rates and export conversion rates for each listed currency.
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