Exchange rate schedule sets conversion rates for customs valuation and stamp duty on imported goods, replacing prior rates. Prescribes a binding schedule of foreign currency conversion rates for calculating stamp duty under the Indian Stamp Act and for purposes of Section 14 of the Customs Act relating to imported goods, superseding the earlier notification and fixing specified rates effective from the first day of January, 1996; includes Schedule I (rates per one unit) and Schedule II (rates per one hundred units) for listed currencies.
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Exchange rate schedule sets conversion rates for customs valuation and stamp duty on imported goods, replacing prior rates.
Prescribes a binding schedule of foreign currency conversion rates for calculating stamp duty under the Indian Stamp Act and for purposes of Section 14 of the Customs Act relating to imported goods, superseding the earlier notification and fixing specified rates effective from the first day of January, 1996; includes Schedule I (rates per one unit) and Schedule II (rates per one hundred units) for listed currencies.
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