Exchange rate determination prescribes conversion rates for specified foreign currencies for stamp duty and customs purposes. Prescribes the rate of exchange for conversion between specified foreign currencies and Indian currency for calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act, effective from the first day of January, 1992; the Schedule lists the rate of each foreign currency equivalent to Rs.100 and the notification supersedes the earlier cited notification.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate determination prescribes conversion rates for specified foreign currencies for stamp duty and customs purposes.
Prescribes the rate of exchange for conversion between specified foreign currencies and Indian currency for calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act, effective from the first day of January, 1992; the Schedule lists the rate of each foreign currency equivalent to Rs.100 and the notification supersedes the earlier cited notification.
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