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of <h1>Amendment to Notification No. 59/95-Cus. (N.T.) Updates Exchange Rates for Imported Goods Under Customs Act Section 14</h1> The Central Government has amended Notification No. 59/95-Cus. (N.T.) regarding exchange rates for imported goods, effective from November 1, 1995. This amendment prescribes exchange rates for calculating stamp duty under the Indian Stamp Act, 1899, and for purposes related to imported goods under section 14 of the Customs Act, 1962. The rates for various foreign currencies, such as the U.S. Dollar, Pound Sterling, and Japanese Yen, are specified in two schedules. Schedule I lists rates for one unit of foreign currency, while Schedule II provides rates for 100 units of certain currencies.
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