Exchange Rate Determination sets conversion rates for specified foreign currencies for imported goods, effective from notified date. The Board, exercising statutory power under section 14(3)(a)(i), prescribes conversion rates for specified foreign currencies into Indian rupees and vice versa for imported goods, superseding the prior notification; the appended two schedules list the applicable currency rates to be used for customs valuation and conversion from the notified effective date.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Determination sets conversion rates for specified foreign currencies for imported goods, effective from notified date.
The Board, exercising statutory power under section 14(3)(a)(i), prescribes conversion rates for specified foreign currencies into Indian rupees and vice versa for imported goods, superseding the prior notification; the appended two schedules list the applicable currency rates to be used for customs valuation and conversion from the notified effective date.
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