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of <h1>New Exchange Rates for Foreign Currencies Announced Under Notification No. 22/93-Cus for Customs and Stamp Duty</h1> The Central Government of India issued Notification No. 22/93-Cus. (N.T.) on March 2, 1993, under the Indian Stamp Act, 1899, and the Customs Act, 1962, superseding a previous notification. It prescribes exchange rates for converting specified foreign currencies into Indian currency for calculating stamp duty and customs purposes. Effective March 3, 1993, the rates are detailed in a schedule, listing currencies such as the U.S. Dollar, Pound Sterling, and Japanese Yen, among others, with their respective conversion rates to Indian Rupees.
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