Exchange Rate Notification fixes conversion rates for specified foreign currencies to Indian rupees for import valuation. Prescribes the rate of exchange for conversion of specified foreign currencies into Indian rupees for imported goods valuation under the Customs Act, setting the applicable rates in two schedules (per-unit rates for major currencies and a 100-unit rate for Japanese Yen) and noting supersession of the prior notification.
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Provisions expressly mentioned in the judgment/order text.
Exchange Rate Notification fixes conversion rates for specified foreign currencies to Indian rupees for import valuation.
Prescribes the rate of exchange for conversion of specified foreign currencies into Indian rupees for imported goods valuation under the Customs Act, setting the applicable rates in two schedules (per-unit rates for major currencies and a 100-unit rate for Japanese Yen) and noting supersession of the prior notification.
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