Exchange rate determination sets conversion rates for various foreign currencies effective 1 May 2011 for imports and exports. Determination under section 14 of the Customs Act fixes conversion rates between specified foreign currencies and Indian rupees for import and export valuation effective 1 May 2011, superseding the prior notification of 29 March 2011; two schedules prescribe distinct rates for imported and export goods, with Schedule I covering unit rates for major currencies and Schedule II covering the rate per 100 units for 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 sets conversion rates for various foreign currencies effective 1 May 2011 for imports and exports.
Determination under section 14 of the Customs Act fixes conversion rates between specified foreign currencies and Indian rupees for import and export valuation effective 1 May 2011, superseding the prior notification of 29 March 2011; two schedules prescribe distinct rates for imported and export goods, with Schedule I covering unit rates for major currencies and Schedule II covering the rate per 100 units for the Japanese Yen.
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