Exchange rate conversion rules set for computing stamp duty and customs, fixing specified foreign currency rates for imported goods. Prescribes fixed rates of exchange for specified foreign currencies to be used for conversion into Indian rupees and vice versa for calculating stamp duty and for section 14 of the Customs Act insofar as these relate to imported goods, superseding the earlier notification; rates are set out in Schedule I (per unit) and Schedule II (per 100 units) and take effect from the first day of April, 1996.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate conversion rules set for computing stamp duty and customs, fixing specified foreign currency rates for imported goods.
Prescribes fixed rates of exchange for specified foreign currencies to be used for conversion into Indian rupees and vice versa for calculating stamp duty and for section 14 of the Customs Act insofar as these relate to imported goods, superseding the earlier notification; rates are set out in Schedule I (per unit) and Schedule II (per 100 units) and take effect from the first day of April, 1996.
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