Exchange rate schedules for imported goods set to determine stamp duty and customs valuation under applicable statutes. Prescribes rate of exchange determinations for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act and for customs valuation of imported goods under the Customs Act, effective from the stated commencement date and superseding the earlier notification, with conversion rates set in two appended schedules quoting rates per unit or per 100 units.
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 schedules for imported goods set to determine stamp duty and customs valuation under applicable statutes.
Prescribes rate of exchange determinations for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act and for customs valuation of imported goods under the Customs Act, effective from the stated commencement date and superseding the earlier notification, with conversion rates set in two appended schedules quoting rates per unit or per 100 units.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.