Exchange rate determination for specified foreign currencies establishes import and export valuation rates effective from May 2010. The Central Board of Excise and Customs, under section 14 of the Customs Act, 1962, determines specified conversion rates of listed foreign currencies into Indian rupees for import and export valuation, effective 1st May, 2010, superseding the earlier notification; operative rates are set out in Schedule I (per unit for major currencies) and Schedule II (per 100 units for Japanese Yen).
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Exchange rate determination for specified foreign currencies establishes import and export valuation rates effective from May 2010.
The Central Board of Excise and Customs, under section 14 of the Customs Act, 1962, determines specified conversion rates of listed foreign currencies into Indian rupees for import and export valuation, effective 1st May, 2010, superseding the earlier notification; operative rates are set out in Schedule I (per unit for major currencies) and Schedule II (per 100 units for Japanese Yen).
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