Exchange Rate Determination for imports and exports fixes prescribed conversion rates for customs valuation under the Customs Act. Determines Exchange Rate Determination for conversion of specified foreign currencies into Indian rupees for customs valuation of imported and export goods, fixing distinct rates for imported and export goods in two annexed schedules (Schedule I for major currencies and Schedule II for Japanese Yen), to be used as the operative conversion figures under the Customs Act.
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 for imports and exports fixes prescribed conversion rates for customs valuation under the Customs Act.
Determines Exchange Rate Determination for conversion of specified foreign currencies into Indian rupees for customs valuation of imported and export goods, fixing distinct rates for imported and export goods in two annexed schedules (Schedule I for major currencies and Schedule II for Japanese Yen), to be used as the operative conversion figures under the Customs Act.
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