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of <h1>New Exchange Rates Set for Stamp Duty and Customs from February 1, 1993, Under Indian Stamp and Customs Acts</h1> The notification, dated January 29, 1993, issued by the Central Government under the Indian Stamp Act, 1899, and the Customs Act, 1962, establishes exchange rates for various foreign currencies in relation to Indian currency for calculating stamp duty and customs purposes. Effective from February 1, 1993, the notification supersedes a previous notification from December 1992. The exchange rates for currencies such as the U.S. Dollar, Pound Sterling, Japanese Yen, and others are specified, with the rate for each currency given per Rs. 100. This schedule aids in the conversion of foreign currencies for imported goods.
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