Exchange rate notification sets official conversion rates for specified foreign currencies, affecting customs and stamp assessments. Central Government amends a prior customs notification, under section 20(2) of the Indian Stamp Act and section 14(3)(a)(i) of the Customs Act, substituting schedule entries for serial numbers 5-7 to set the official conversion rates for Danish Kroners, Deutsche Marks and Dutch Guilders, and declaring the substituted rates operative from the stated effective date.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate notification sets official conversion rates for specified foreign currencies, affecting customs and stamp assessments.
Central Government amends a prior customs notification, under section 20(2) of the Indian Stamp Act and section 14(3)(a)(i) of the Customs Act, substituting schedule entries for serial numbers 5-7 to set the official conversion rates for Danish Kroners, Deutsche Marks and Dutch Guilders, and declaring the substituted rates operative from the stated effective date.
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