Exchange rate determination for customs: prescribed conversion rates for foreign currencies to be applied in import and export transactions. Determination of exchange rates for conversion between specified foreign currencies and Indian rupees for customs purposes, effective from 1st July, 2011, with separate prescribed rates for imported and export goods set out in Schedule I and Schedule II (the latter for Japanese Yen), superseding the prior customs exchange rate notification and issued under the Central Board of Excise and Customs' authority under the Customs Act for valuation and customs conversions.
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 customs: prescribed conversion rates for foreign currencies to be applied in import and export transactions.
Determination of exchange rates for conversion between specified foreign currencies and Indian rupees for customs purposes, effective from 1st July, 2011, with separate prescribed rates for imported and export goods set out in Schedule I and Schedule II (the latter for Japanese Yen), superseding the prior customs exchange rate notification and issued under the Central Board of Excise and Customs' authority under the Customs Act for valuation and customs conversions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
