Exchange rate determination: prescribed currency conversion rates set for stamp duty and customs calculations, superseding prior notification. Prescribes statutory exchange rates for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act, 1899 and for purposes of section 14 of the Customs Act, 1962 insofar as they relate to imported goods, superseding the earlier notification and fixing conversion rates for each listed currency as set out in the appended Schedule, effective from the commencement date stated in the notification.
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: prescribed currency conversion rates set for stamp duty and customs calculations, superseding prior notification.
Prescribes statutory exchange rates for specified foreign currencies to be used in calculating stamp duty under the Indian Stamp Act, 1899 and for purposes of section 14 of the Customs Act, 1962 insofar as they relate to imported goods, superseding the earlier notification and fixing conversion rates for each listed currency as set out in the appended Schedule, effective from the commencement date stated in the notification.
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