Exchange rate determination fixed for imported goods, governing stamp duty and customs valuation from the stated commencement date. Fixes the rate of exchange to be applied to imported goods for the stated month, prescribing rates for calculating stamp duty under the Indian Stamp Act and for the purpose of section 11 of the Customs Act insofar as they relate to imported goods. The notification supersedes the prior January notification and declares that the exchange rates shown in the appended Schedule I (unit rates) and Schedule II (rates per one hundred units) shall operate from the stated commencement 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 fixed for imported goods, governing stamp duty and customs valuation from the stated commencement date.
Fixes the rate of exchange to be applied to imported goods for the stated month, prescribing rates for calculating stamp duty under the Indian Stamp Act and for the purpose of section 11 of the Customs Act insofar as they relate to imported goods. The notification supersedes the prior January notification and declares that the exchange rates shown in the appended Schedule I (unit rates) and Schedule II (rates per one hundred units) shall operate from the stated commencement date.
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