Exchange rate determination fixes import and export conversion rates for listed foreign currencies into Indian rupee under Customs Act. Determination under section 14 of the Customs Act fixes specified conversion rates of listed foreign currencies into Indian rupees for import and export goods, superseding the prior notification and applying the rates shown in Schedule I (per unit for major currencies) and Schedule II (per 100 units for Japanese yen) as the operative conversion table for customs 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 fixes import and export conversion rates for listed foreign currencies into Indian rupee under Customs Act.
Determination under section 14 of the Customs Act fixes specified conversion rates of listed foreign currencies into Indian rupees for import and export goods, superseding the prior notification and applying the rates shown in Schedule I (per unit for major currencies) and Schedule II (per 100 units for Japanese yen) as the operative conversion table for customs purposes.
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