Exchange rate amendment sets revised legal conversion for Pound Sterling, effective in February, affecting customs valuation and stamp application. Amendment sets the official exchange rate for Pound Sterling by substituting serial No. 14 in Notification No. 80/90-NT-Cus under section 20 of the Indian Stamp Act and section 14(3)(a)(i) of the Customs Act; the substituted Schedule entry specifies the revised Pound Sterling conversion and makes that rate effective from early February 1991 for customs and stamp purposes.
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Exchange rate amendment sets revised legal conversion for Pound Sterling, effective in February, affecting customs valuation and stamp application.
Amendment sets the official exchange rate for Pound Sterling by substituting serial No. 14 in Notification No. 80/90-NT-Cus under section 20 of the Indian Stamp Act and section 14(3)(a)(i) of the Customs Act; the substituted Schedule entry specifies the revised Pound Sterling conversion and makes that rate effective from early February 1991 for customs and stamp purposes.
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