Exchange rate schedule prescribes foreign currency conversion rates for stamp duty and customs, effective from the notified date. The Central Government prescribes an Exchange Rate Schedule for specified foreign currencies to be used for conversion into Indian currency for calculating stamp duty under the Indian Stamp Act and for determination under Section 14 of the Customs Act, superseding an earlier notification, with the listed rates operative from 1st July 1988.
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 schedule prescribes foreign currency conversion rates for stamp duty and customs, effective from the notified date.
The Central Government prescribes an Exchange Rate Schedule for specified foreign currencies to be used for conversion into Indian currency for calculating stamp duty under the Indian Stamp Act and for determination under Section 14 of the Customs Act, superseding an earlier notification, with the listed rates operative from 1st July 1988.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.