Exchange Rate Determination sets official currency conversion rates for imported goods effective from first May under Customs Act. Determines the official rate of exchange for converting specified foreign currencies into Indian rupees for imported goods valuation, superseding the earlier notification; lists conversion rates in Schedule I (per unit for major currencies) and Schedule II (per 100 units for Japanese yen) to operate with effect from the 1st May, 2005 under the referenced provision of the Customs Act.
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 sets official currency conversion rates for imported goods effective from first May under Customs Act.
Determines the official rate of exchange for converting specified foreign currencies into Indian rupees for imported goods valuation, superseding the earlier notification; lists conversion rates in Schedule I (per unit for major currencies) and Schedule II (per 100 units for Japanese yen) to operate with effect from the 1st May, 2005 under the referenced provision of the Customs Act.
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