Exchange rate determination for imported goods sets conversion rates for stamp duty and customs calculations, effective from March first. Prescribes the rate of exchange for specified foreign currencies into Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for determinations under section 14 of the Customs Act, 1962 in relation to imported goods, fixes rates in two schedules (per unit and per 100 units) and makes them effective from 1st March, 2001.
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 for imported goods sets conversion rates for stamp duty and customs calculations, effective from March first.
Prescribes the rate of exchange for specified foreign currencies into Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for determinations under section 14 of the Customs Act, 1962 in relation to imported goods, fixes rates in two schedules (per unit and per 100 units) and makes them effective from 1st March, 2001.
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