Exchange rate determination sets conversion rates for specified foreign currencies for export goods valuation effective immediately. The Board specifies the rate of exchange of conversion for listed foreign currencies into Indian rupees and vice versa for export goods valuation, superseding the prior notification; Schedule I lists per-unit rates for major currencies and Schedule II lists the rate per one hundred units for the Japanese Yen, to be applied by customs and exporters from the stated commencement date.
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 conversion rates for specified foreign currencies for export goods valuation effective immediately.
The Board specifies the rate of exchange of conversion for listed foreign currencies into Indian rupees and vice versa for export goods valuation, superseding the prior notification; Schedule I lists per-unit rates for major currencies and Schedule II lists the rate per one hundred units for the Japanese Yen, to be applied by customs and exporters from the stated commencement date.
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