Exchange rate determination for converting specified foreign currencies into Indian rupees, prescribed for stamp duty and customs calculations. Prescribes the rate of exchange for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act and for determination under section 14 of the Customs Act for imported goods; supersedes an earlier notification and fixes the rupee equivalents in two schedules-one quoting per unit and the other per one hundred units-to standardise valuation and stamp duty computation.
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 converting specified foreign currencies into Indian rupees, prescribed for stamp duty and customs calculations.
Prescribes the rate of exchange for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act and for determination under section 14 of the Customs Act for imported goods; supersedes an earlier notification and fixes the rupee equivalents in two schedules-one quoting per unit and the other per one hundred units-to standardise valuation and stamp duty computation.
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