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Exchange rate determination for export goods: specified foreign currencies fixed to Indian rupees under Customs Act provision. The Board, under section 14(3)(a)(i) of the Customs Act, determines exchange rates for specified foreign currencies into Indian rupees for export valuation, superseding the earlier notification of 28 December 2004; with effect from 1st February, 2005, the rates shown in the appended Schedule I (unit rates) and Schedule II (rate per 100 units for Japanese Yen) are the operative rates for export goods.
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Exchange rate determination for export goods: specified foreign currencies fixed to Indian rupees under Customs Act provision.
The Board, under section 14(3)(a)(i) of the Customs Act, determines exchange rates for specified foreign currencies into Indian rupees for export valuation, superseding the earlier notification of 28 December 2004; with effect from 1st February, 2005, the rates shown in the appended Schedule I (unit rates) and Schedule II (rate per 100 units for Japanese Yen) are the operative rates for export goods.
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