Exchange Rates amendment establishes official foreign currency conversion rates for customs and stamp law purposes, effective upon notification. Amendment substitutes the earlier notification's schedule by replacing the entries for eighteen specified foreign currencies with new official conversion rates to be applied for customs and stamp law purposes, issued under the Indian Stamp Act and the Customs Act, and specifies the date from which these rates are effective.
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 Rates amendment establishes official foreign currency conversion rates for customs and stamp law purposes, effective upon notification.
Amendment substitutes the earlier notification's schedule by replacing the entries for eighteen specified foreign currencies with new official conversion rates to be applied for customs and stamp law purposes, issued under the Indian Stamp Act and the Customs Act, and specifies the date from which these rates are effective.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
