Exchange rate determination: notified conversion rates for specified foreign currencies applicable to import valuation from a specified date. Determination of rate of exchange for specified foreign currencies for imported goods under section 14(3)(a)(i) of the Customs Act, superseding a prior notification. Schedule I lists rates per one unit for various currencies; Schedule II lists the rate per one hundred units for Japanese Yen. These notified rates apply for conversion between foreign currency and Indian rupees for import valuation from the stated operative 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: notified conversion rates for specified foreign currencies applicable to import valuation from a specified date.
Determination of rate of exchange for specified foreign currencies for imported goods under section 14(3)(a)(i) of the Customs Act, superseding a prior notification. Schedule I lists rates per one unit for various currencies; Schedule II lists the rate per one hundred units for Japanese Yen. These notified rates apply for conversion between foreign currency and Indian rupees for import valuation from the stated operative date.
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