Exchange rate determination for export conversion establishes notified foreign currency to rupee rates for customs purposes. Fixes the rate of exchange for conversion of specified foreign currencies for exported goods, pursuant to the statutory power under section 14(3)(a)(i) of the Customs Act, 1962, and supersedes the earlier notification; the rates in Schedule I (per unit) and Schedule II (per 100 units) are to be applied for export valuation and conversion with effect from 1st June, 2005.
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 export conversion establishes notified foreign currency to rupee rates for customs purposes.
Fixes the rate of exchange for conversion of specified foreign currencies for exported goods, pursuant to the statutory power under section 14(3)(a)(i) of the Customs Act, 1962, and supersedes the earlier notification; the rates in Schedule I (per unit) and Schedule II (per 100 units) are to be applied for export valuation and conversion with effect from 1st June, 2005.
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