Exchange rate determination prescribed for stamp duty and customs valuation for specified foreign currencies in import transactions. Prescribes exchange rate determination for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act, 1899 and for purposes of section 14 of the Customs Act, 1962 in relation to imported goods, superseding the earlier notification and declaring the conversion rates set out in Schedule I and Schedule II as the official rates for those purposes.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination prescribed for stamp duty and customs valuation for specified foreign currencies in import transactions.
Prescribes exchange rate determination for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act, 1899 and for purposes of section 14 of the Customs Act, 1962 in relation to imported goods, superseding the earlier notification and declaring the conversion rates set out in Schedule I and Schedule II as the official rates for those purposes.
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