Exchange rate determination for imported goods prescribed for customs and stamp duty, effective from 1 May 1994. Prescribes rates of exchange for specified foreign currencies for use in calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act in respect of imported goods, issued under the cited statutory powers and superseding the earlier notification; Schedule I lists rupee equivalents per one unit of listed currencies and Schedule II lists rupee equivalents per one hundred units of listed currencies, the prescribed rates to apply from the notification's commencement.
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 imported goods prescribed for customs and stamp duty, effective from 1 May 1994.
Prescribes rates of exchange for specified foreign currencies for use in calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act in respect of imported goods, issued under the cited statutory powers and superseding the earlier notification; Schedule I lists rupee equivalents per one unit of listed currencies and Schedule II lists rupee equivalents per one hundred units of listed currencies, the prescribed rates to apply from the notification's commencement.
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