Exchange rate determination for imported goods fixes conversion rates for stamp duty and customs valuation effective August onset. Prescribes the rate of exchange conversions for specified foreign currencies for calculating stamp duty under the Indian Stamp Act and for purposes of the Customs Act in relation to imported goods; fixes rupee equivalents in Schedule I and Schedule II and makes those rates effective from 1 August 1994.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination for imported goods fixes conversion rates for stamp duty and customs valuation effective August onset.
Prescribes the rate of exchange conversions for specified foreign currencies for calculating stamp duty under the Indian Stamp Act and for purposes of the Customs Act in relation to imported goods; fixes rupee equivalents in Schedule I and Schedule II and makes those rates effective from 1 August 1994.
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