Exchange rates notification fixes official currency conversion rates for imported goods for stamp duty and customs purposes. Notification prescribes official exchange rates for calculating stamp duty and for customs determinations relating to imported goods under the Indian Stamp Act and the Customs Act, superseding an earlier notification and fixing specific conversion rates in two schedules for use by authorities and stakeholders when assessing liabilities and applying customs provisions.
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Provisions expressly mentioned in the judgment/order text.
Exchange rates notification fixes official currency conversion rates for imported goods for stamp duty and customs purposes.
Notification prescribes official exchange rates for calculating stamp duty and for customs determinations relating to imported goods under the Indian Stamp Act and the Customs Act, superseding an earlier notification and fixing specific conversion rates in two schedules for use by authorities and stakeholders when assessing liabilities and applying customs provisions.
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