Exchange rate fixation sets conversion rates for imported goods affecting stamp duty and customs valuation for the month. Prescribes the rate of exchange for converting specified foreign currencies into Indian rupees for calculating stamp duty and for purposes of section 14 of the Customs Act, superseding the prior notification and fixing the conversion rates effective 1 July, 2000 by means of two appended schedules listing each currency and its rupee equivalent per unit.
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 fixation sets conversion rates for imported goods affecting stamp duty and customs valuation for the month.
Prescribes the rate of exchange for converting specified foreign currencies into Indian rupees for calculating stamp duty and for purposes of section 14 of the Customs Act, superseding the prior notification and fixing the conversion rates effective 1 July, 2000 by means of two appended schedules listing each currency and its rupee equivalent per unit.
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