Exchange rate declaration sets official foreign currency conversion for stamp duty and customs valuation, applying to imported goods. Prescribes official exchange rates for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act, 1899 and for valuation under section 14 of the Customs Act, 1962 insofar as they relate to imported goods; rates in the Schedule express the foreign currency equivalent to one hundred rupees and apply from the first day of June, 1993, superseding the earlier notification of 27th April, 1993.
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 declaration sets official foreign currency conversion for stamp duty and customs valuation, applying to imported goods.
Prescribes official exchange rates for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act, 1899 and for valuation under section 14 of the Customs Act, 1962 insofar as they relate to imported goods; rates in the Schedule express the foreign currency equivalent to one hundred rupees and apply from the first day of June, 1993, superseding the earlier notification of 27th April, 1993.
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