Exchange rate determination: Government prescribes conversion rates for foreign currencies for customs and stamp duty purposes. The Central Government prescribes rates of exchange for specified foreign currencies to be used for calculating stamp duty and for purposes of section 14 relating to imported goods, and implements those rates by two appended schedules listing conversion factors to be applied by customs and stamp duty authorities.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination: Government prescribes conversion rates for foreign currencies for customs and stamp duty purposes.
The Central Government prescribes rates of exchange for specified foreign currencies to be used for calculating stamp duty and for purposes of section 14 relating to imported goods, and implements those rates by two appended schedules listing conversion factors to be applied by customs and stamp duty authorities.
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