Exchange rate determination for imported goods prescribes conversion rates for stamp duty and customs valuation effective November. Prescribes the rate of exchange for specified foreign currencies for converting into Indian currency or vice versa, to be used in calculating stamp duty and for the purposes of section 14 of the Customs Act in relation to imported goods; supersedes the earlier notification and fixes the rates in Schedules I and II effective 1st November, 1999.
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Exchange rate determination for imported goods prescribes conversion rates for stamp duty and customs valuation effective November.
Prescribes the rate of exchange for specified foreign currencies for converting into Indian currency or vice versa, to be used in calculating stamp duty and for the purposes of section 14 of the Customs Act in relation to imported goods; supersedes the earlier notification and fixes the rates in Schedules I and II effective 1st November, 1999.
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