Exchange rate determination set for specified foreign currencies, fixing conversion rates for import and export valuation. The Central Board of Excise and Customs, exercising powers under section 14 of the Customs Act, prescribes the rate of exchange for specified foreign currencies to be used in converting between foreign currency and Indian rupees for imported and export goods, superseding the prior notification; operative schedules set separate import and export rates, effective from 1st March, 2010, for customs valuation purposes.
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 set for specified foreign currencies, fixing conversion rates for import and export valuation.
The Central Board of Excise and Customs, exercising powers under section 14 of the Customs Act, prescribes the rate of exchange for specified foreign currencies to be used in converting between foreign currency and Indian rupees for imported and export goods, superseding the prior notification; operative schedules set separate import and export rates, effective from 1st March, 2010, for customs valuation purposes.
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