Exchange rates for imported goods set for stamp duty and customs valuation, superseding prior notification and prescribing listed currency rates. Prescribes official rates of exchange for specified foreign currencies to govern calculation of stamp duty under the Indian Stamp Act and valuation under section 14 of the Customs Act for imported goods; supersedes prior Notification No. 17/98 and fixes that, with effect from 1st April, 1998, the conversion rate for each currency listed in Schedules I and II shall be the rate shown opposite that currency.
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 rates for imported goods set for stamp duty and customs valuation, superseding prior notification and prescribing listed currency rates.
Prescribes official rates of exchange for specified foreign currencies to govern calculation of stamp duty under the Indian Stamp Act and valuation under section 14 of the Customs Act for imported goods; supersedes prior Notification No. 17/98 and fixes that, with effect from 1st April, 1998, the conversion rate for each currency listed in Schedules I and II shall be the rate shown opposite that currency.
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