Exchange rate determination for imported goods prescribed for stamp duty and customs purposes, replacing prior exchange-rate notification. The Central Government prescribes exchange rates for specified foreign currencies for calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act in relation to imported goods, superseding the earlier notification and fixing the rates set out in two appended schedules, with an operative commencement of the fifth day of March, 1998.
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 determination for imported goods prescribed for stamp duty and customs purposes, replacing prior exchange-rate notification.
The Central Government prescribes exchange rates for specified foreign currencies for calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act in relation to imported goods, superseding the earlier notification and fixing the rates set out in two appended schedules, with an operative commencement of the fifth day of March, 1998.
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