Exchange rate declaration: prescribed conversion rates for import valuation and stamp duty under Customs and Stamp Acts. Prescribes official exchange rates for conversion between specified foreign currencies and Indian rupees for calculating stamp duty and for purposes of section 14 of the Customs Act in relation to imported goods, superseding the prior notification and declaring that the rates in the appended schedules apply with effect from 1st January, 2001.
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Provisions expressly mentioned in the judgment/order text.
Exchange rate declaration: prescribed conversion rates for import valuation and stamp duty under Customs and Stamp Acts.
Prescribes official exchange rates for conversion between specified foreign currencies and Indian rupees for calculating stamp duty and for purposes of section 14 of the Customs Act in relation to imported goods, superseding the prior notification and declaring that the rates in the appended schedules apply with effect from 1st January, 2001.
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