Exchange rate determination for imported goods set for stamp duty and customs calculations, superseding prior notification. Prescribes official exchange rates for conversion between specified foreign currencies and Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for purposes of section 14 of the Customs Act, 1962 in relation to imported goods; supersedes Notification No.17/2001 and notifies two schedules setting rates per one unit (Schedule I) and per 100 units (Schedule II), effective from 1st June, 2001.
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 for imported goods set for stamp duty and customs calculations, superseding prior notification.
Prescribes official exchange rates for conversion between specified foreign currencies and Indian rupees for calculating stamp duty under the Indian Stamp Act, 1899 and for purposes of section 14 of the Customs Act, 1962 in relation to imported goods; supersedes Notification No.17/2001 and notifies two schedules setting rates per one unit (Schedule I) and per 100 units (Schedule II), effective from 1st June, 2001.
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