Exchange rate determination set for imported goods, governing stamp duty and customs valuation as per prescribed schedules. Prescribes exchange rates for specified foreign currencies to be used for calculating stamp duty under the Indian Stamp Act, 1899 and for determinations under section 14 of the Customs Act, 1962 in relation to imported goods; supersedes the prior notification and fixes the applicable rupee equivalents in Schedule I and Schedule II, effective from 1st July, 1999.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination set for imported goods, governing stamp duty and customs valuation as per prescribed schedules.
Prescribes exchange rates for specified foreign currencies to be used for calculating stamp duty under the Indian Stamp Act, 1899 and for determinations under section 14 of the Customs Act, 1962 in relation to imported goods; supersedes the prior notification and fixes the applicable rupee equivalents in Schedule I and Schedule II, effective from 1st July, 1999.
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