Exchange rate determination set for conversion of specified foreign currencies for stamp duty and customs calculation. Exchange rates are prescribed by the Central Government for converting specified foreign currencies into Indian currency for calculating stamp duty under the Indian Stamp Act, 1899 and for purposes under the Customs Act, 1962; a Schedule listing each foreign currency and its corresponding rate is fixed and supersedes the prior notification, to be applied from the stated commencement 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 determination set for conversion of specified foreign currencies for stamp duty and customs calculation.
Exchange rates are prescribed by the Central Government for converting specified foreign currencies into Indian currency for calculating stamp duty under the Indian Stamp Act, 1899 and for purposes under the Customs Act, 1962; a Schedule listing each foreign currency and its corresponding rate is fixed and supersedes the prior notification, to be applied from the stated commencement date.
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