Exchange rate determination prescribed for computing stamp duty and customs valuation of imported goods under specified statutory powers. Prescribes exchange rates to be used for calculating stamp duty and for customs purposes relating to imported goods, superseding the earlier notification; Schedule I lists rates per one unit for specified currencies and Schedule II lists rates per one hundred units, the prescribed rates to operate as the authoritative conversion for the stated statutory purposes.
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 prescribed for computing stamp duty and customs valuation of imported goods under specified statutory powers.
Prescribes exchange rates to be used for calculating stamp duty and for customs purposes relating to imported goods, superseding the earlier notification; Schedule I lists rates per one unit for specified currencies and Schedule II lists rates per one hundred units, the prescribed rates to operate as the authoritative conversion for the stated statutory purposes.
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