Exchange Rate Determination: prescribed foreign currency conversion rates for import and export goods take effect from notified date. The Central Board of Excise and Customs, exercising statutory authority, prescribes conversion rates of specified foreign currencies into Indian rupees for customs purposes, effective from the notified date, superseding the prior notification; Schedule I lists per-unit rupee equivalents for major currencies for import and export goods and Schedule II lists the rupee equivalent for one hundred units of the Japanese Yen.
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: prescribed foreign currency conversion rates for import and export goods take effect from notified date.
The Central Board of Excise and Customs, exercising statutory authority, prescribes conversion rates of specified foreign currencies into Indian rupees for customs purposes, effective from the notified date, superseding the prior notification; Schedule I lists per-unit rupee equivalents for major currencies for import and export goods and Schedule II lists the rupee equivalent for one hundred units of the Japanese Yen.
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