Exchange rate conversion prescribed for calculating stamp duty and customs valuation, effective for specified imported goods. The Central Government prescribes exchange rate conversion for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act, 1899 and for section 14 of the Customs Act, 1962 insofar as they relate to imported goods, superseding an earlier notification and fixing the applicable rates via two appended schedules.
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 conversion prescribed for calculating stamp duty and customs valuation, effective for specified imported goods.
The Central Government prescribes exchange rate conversion for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act, 1899 and for section 14 of the Customs Act, 1962 insofar as they relate to imported goods, superseding an earlier notification and fixing the applicable rates via two appended schedules.
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