Exchange rate determination for exported goods sets specified currency conversion rates under the Customs Act, effective from notification. The notification, issued under the Customs Act authority, prescribes the rate of exchange for listed foreign currencies for purposes relating to exported goods and supersedes the earlier notification; it sets two schedules: one prescribing rates per single unit of specified currencies and the other prescribing the rate per one hundred units for the listed currency, with application from the stated effective date for export-related customs computations.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for exported goods sets specified currency conversion rates under the Customs Act, effective from notification.
The notification, issued under the Customs Act authority, prescribes the rate of exchange for listed foreign currencies for purposes relating to exported goods and supersedes the earlier notification; it sets two schedules: one prescribing rates per single unit of specified currencies and the other prescribing the rate per one hundred units for the listed currency, with application from the stated effective date for export-related customs computations.
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