Exchange rate determination prescribed for import valuation and stamp duty, effective and superseding the prior notification. Prescribes exchange rates for conversion between specified foreign currencies and Indian currency to be used for calculating stamp duty under the Indian Stamp Act and for the purposes of section 14 of the Customs Act insofar as they relate to imported goods, effective from 1st October 1997, superseding Notification No. 36/97-Cus. (N.T.), and sets out those rates in two appended schedules (rates per unit in Schedule I and rates per 100 units in Schedule II).
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 prescribed for import valuation and stamp duty, effective and superseding the prior notification.
Prescribes exchange rates for conversion between specified foreign currencies and Indian currency to be used for calculating stamp duty under the Indian Stamp Act and for the purposes of section 14 of the Customs Act insofar as they relate to imported goods, effective from 1st October 1997, superseding Notification No. 36/97-Cus. (N.T.), and sets out those rates in two appended schedules (rates per unit in Schedule I and rates per 100 units in Schedule II).
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