Exchange rate schedule: prescribed conversion rates for foreign currencies to calculate stamp duty and Customs valuation. Prescribes an official exchange rate schedule for specified foreign currencies to compute stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act, superseding the earlier notification; the Schedule lists each named currency with the rate of foreign currency equivalent to Rs.100, to be applied by revenue and stamp authorities from the stated effective date.
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 schedule: prescribed conversion rates for foreign currencies to calculate stamp duty and Customs valuation.
Prescribes an official exchange rate schedule for specified foreign currencies to compute stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act, superseding the earlier notification; the Schedule lists each named currency with the rate of foreign currency equivalent to Rs.100, to be applied by revenue and stamp authorities from the stated effective date.
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