Exchange rate determination for imported goods set for conversion into Indian currency affecting stamp duty and customs calculations. Notification prescribes the rate of exchange for specified foreign currencies to be used in converting those currencies into Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for provisions of the Customs Act, 1962 relating to imported goods, effective 1 February 1994, and superseding the prior notification of 28 December 1993; two schedules list the currencies and corresponding rates per one unit or per one hundred 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 determination for imported goods set for conversion into Indian currency affecting stamp duty and customs calculations.
Notification prescribes the rate of exchange for specified foreign currencies to be used in converting those currencies into Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for provisions of the Customs Act, 1962 relating to imported goods, effective 1 February 1994, and superseding the prior notification of 28 December 1993; two schedules list the currencies and corresponding rates per one unit or per one hundred units.
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