Exchange rate determination for imported goods establishes specified foreign currency to rupee conversion rates effective from 1 November 2005. The Board, exercising powers under the Customs Act, supersedes the prior notification and, with effect from 1 November 2005, prescribes specific foreign currency to Indian rupee conversion rates set out in Schedule I (per unit rates for listed currencies) and Schedule II (rate for 100 units of Japanese Yen) for purposes of import valuation and other customs conversion requirements.
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 imported goods establishes specified foreign currency to rupee conversion rates effective from 1 November 2005.
The Board, exercising powers under the Customs Act, supersedes the prior notification and, with effect from 1 November 2005, prescribes specific foreign currency to Indian rupee conversion rates set out in Schedule I (per unit rates for listed currencies) and Schedule II (rate for 100 units of Japanese Yen) for purposes of import valuation and other customs conversion requirements.
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