Exchange rate determination for imports: prescribed conversion rates govern stamp duty and customs valuation from specified effective date. Prescribes exchange rates for specified foreign currencies for conversion into Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for the purposes of section 14 of the Customs Act, 1962 insofar as they relate to imported goods, superseding Notification No. 41/95-NT-Customs, with the rates set out in Schedule I and Schedule II effective from 1st August 1995.
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 determination for imports: prescribed conversion rates govern stamp duty and customs valuation from specified effective date.
Prescribes exchange rates for specified foreign currencies for conversion into Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for the purposes of section 14 of the Customs Act, 1962 insofar as they relate to imported goods, superseding Notification No. 41/95-NT-Customs, with the rates set out in Schedule I and Schedule II effective from 1st August 1995.
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