Exchange rate determination for imported goods establishes specified currency conversion rates for customs purposes effective now. The Board, exercising powers under the Customs Act, prescribes conversion rates for specified foreign currencies into Indian rupees for customs purposes, effective 1 January 2006, superseding the prior notification; Schedule I states rupee equivalents per one unit of listed currencies, and Schedule II states the rupee equivalent per one hundred units of Japanese yen.
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 currency conversion rates for customs purposes effective now.
The Board, exercising powers under the Customs Act, prescribes conversion rates for specified foreign currencies into Indian rupees for customs purposes, effective 1 January 2006, superseding the prior notification; Schedule I states rupee equivalents per one unit of listed currencies, and Schedule II states the rupee equivalent per one hundred units of Japanese yen.
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