Exchange rate prescription sets conversion rates for foreign currencies for stamp duty and customs purposes effective January 1999. Prescribes exchange rates for conversion between specified foreign currencies and Indian rupees for calculating stamp duty under the Indian Stamp Act and for section 14 of the Customs Act insofar as relating to imported goods; supersedes the prior notification and declares that, with effect from 1 January 1999, the rates set out in Schedule I and Schedule II are the applicable conversion rates.
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 prescription sets conversion rates for foreign currencies for stamp duty and customs purposes effective January 1999.
Prescribes exchange rates for conversion between specified foreign currencies and Indian rupees for calculating stamp duty under the Indian Stamp Act and for section 14 of the Customs Act insofar as relating to imported goods; supersedes the prior notification and declares that, with effect from 1 January 1999, the rates set out in Schedule I and Schedule II are the applicable conversion rates.
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