Exchange rate determination fixes official currency conversion rates for export goods, governing customs valuation and conversion procedures. Determination prescribes official foreign exchange conversion rates for export goods effective 1 August 2005, superseding a prior June notification. Schedule I lists rupee equivalents per one unit for specified major currencies; Schedule II provides the rupee equivalent for one hundred units of Japanese yen. The notification serves as the authoritative reference for conversion of export proceeds and customs documentation from the effective date.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination fixes official currency conversion rates for export goods, governing customs valuation and conversion procedures.
Determination prescribes official foreign exchange conversion rates for export goods effective 1 August 2005, superseding a prior June notification. Schedule I lists rupee equivalents per one unit for specified major currencies; Schedule II provides the rupee equivalent for one hundred units of Japanese yen. The notification serves as the authoritative reference for conversion of export proceeds and customs documentation from the effective date.
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