Exchange rate notification establishes specified foreign currency conversion rates for exports, superseding the prior notification and taking effect soon. The Board, exercising powers under the Customs Act, notifies specified foreign currency conversion rates for export goods effective 1 August 2006, superseding the prior June notification. Schedule I lists rupee equivalents for one unit of multiple major currencies and Schedule II lists the rupee equivalent for one hundred units of Japanese Yen for use in export-related customs conversion.
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 notification establishes specified foreign currency conversion rates for exports, superseding the prior notification and taking effect soon.
The Board, exercising powers under the Customs Act, notifies specified foreign currency conversion rates for export goods effective 1 August 2006, superseding the prior June notification. Schedule I lists rupee equivalents for one unit of multiple major currencies and Schedule II lists the rupee equivalent for one hundred units of Japanese Yen for use in export-related customs conversion.
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