Exchange rate notification updates prescribed currency conversion rates for imported goods affecting customs valuation and stamp duty. Notification prescribes specified foreign currency conversion rates for use in calculating stamp duty and for Customs Act purposes in respect of imported goods, superseding the earlier notification and fixing the applicable conversion benchmarks through two appended schedules that list unit rates and rates per 100 units.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate notification updates prescribed currency conversion rates for imported goods affecting customs valuation and stamp duty.
Notification prescribes specified foreign currency conversion rates for use in calculating stamp duty and for Customs Act purposes in respect of imported goods, superseding the earlier notification and fixing the applicable conversion benchmarks through two appended schedules that list unit rates and rates per 100 units.
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