Exchange rate determination for customs establishes conversion rates for import and export valuation under statutory authority. The Central Board of Excise and Customs determines conversion rates between specified foreign currencies and Indian currency for customs valuation of imported and exported goods, effective 8th June, 2012, superseding the earlier notification; annexed schedules set separate rates for imports and exports and corrigenda correct certain published figures.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for customs establishes conversion rates for import and export valuation under statutory authority.
The Central Board of Excise and Customs determines conversion rates between specified foreign currencies and Indian currency for customs valuation of imported and exported goods, effective 8th June, 2012, superseding the earlier notification; annexed schedules set separate rates for imports and exports and corrigenda correct certain published figures.
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