Exchange rate determination for customs: prescribed rupee conversion rates set for listed foreign currencies affecting import and export valuation. Determination under section 14 of the Customs Act, 1962 prescribes rupee conversion rates for specified foreign currencies, with distinct rates for imports and exports, effective from 1st February, 2012, and superseding the prior notification of 28th December, 2011; rates are set out in two schedules, one for single-unit currencies and one for the Japanese Yen per one hundred units.
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 rupee conversion rates set for listed foreign currencies affecting import and export valuation.
Determination under section 14 of the Customs Act, 1962 prescribes rupee conversion rates for specified foreign currencies, with distinct rates for imports and exports, effective from 1st February, 2012, and superseding the prior notification of 28th December, 2011; rates are set out in two schedules, one for single-unit currencies and one for the Japanese Yen per one hundred units.
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