Rounding off of Assessable Value in case of pricing in USD

This query is : Resolved

Vijay Bhatti (Querist)
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28 May 2010 An Oil Company is selling Furnace Oil ( FO ) to a customer on pricing agreed as USD 421.73/MT. Sale Quantity is 29676.254 MT. Conversion Rate as per Notified Gazzate is Rs.44/USD.

29676.254 MT @ USD 421.73/MT = USD 12515366.60

Querry is as per Excise Laws whether this assessable value of 12515366.60 can be rounded off to 12515367 USD and then conversion rate of Rs.44/MT to be applied for deriving Assessable Value in INR or USD 12515366.60 is to be converted applying conversion rate ? What is correct as per Excise Law ? Rounding off of Assessable Value in USD to nearest Rupees or keeping Assessable Value in USD upto two decimal places?

To reeitrate I am interested in knowing whether in above case Assessable Value in USD currency can be rounded off to Nearest USD or not as per Excise Law ?