Exchange rates for imported goods set as statutory conversion rates for stamp duty and customs purposes under notification. Statutory conversion rates are prescribed for specified foreign currencies for 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; the notification supersedes the earlier one and fixes the rates set out in Schedule I (per unit) and Schedule II (per 100 units) with effect from 1 August 1997.
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 rates for imported goods set as statutory conversion rates for stamp duty and customs purposes under notification.
Statutory conversion rates are prescribed for specified foreign currencies for 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; the notification supersedes the earlier one and fixes the rates set out in Schedule I (per unit) and Schedule II (per 100 units) with effect from 1 August 1997.
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