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of <h1>Government Issues New Exchange Rates for Stamp and Customs Duties Under Indian Stamp Act, 1899, and Customs Act, 1962.</h1> The Central Government, under the Indian Stamp Act, 1899, and the Customs Act, 1962, has issued Notification No. 32/93-Cus. (N.T.) dated May 28, 1993, prescribing exchange rates for foreign currencies for calculating stamp duty and determining customs duties on imported goods. Effective from June 1, 1993, the notification provides specific exchange rates for various foreign currencies, including Austrian Schillings, Australian Dollars, Belgian Francs, Canadian Dollars, and others, as specified in the schedule. This supersedes the previous notification No. 30/93-Customs (N.T.) dated April 27, 1993.
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