Exchange rate determination sets official currency conversion rates for imported goods and supersedes the prior notification. Determination under the Customs Act establishes official exchange rates for conversion of specified foreign currencies into Indian rupees for valuation of imported goods, superseding the prior notification and making the rates in Schedule I (per one unit) and Schedule II (per one hundred units) operative for customs purposes.
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 official currency conversion rates for imported goods and supersedes the prior notification.
Determination under the Customs Act establishes official exchange rates for conversion of specified foreign currencies into Indian rupees for valuation of imported goods, superseding the prior notification and making the rates in Schedule I (per one unit) and Schedule II (per one hundred units) operative for customs purposes.
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