Bare ActsThe Indian Stamp Act, 1899

Section 20

Conversion of amount expressed in foreign currencies

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Conversion of amount expressed in foreign currencies.—(1) Where an instrument is chargeable with ad valorem duty in respect of any m : assed in any currency other than that of India, such duty shall be wala’ lsiea | mtg ie of such money in the currency of India according to the curr alculated on 18 ve the day of the date of the instrument. rrent rate of exchange on

Section 20 – The Indian Stamp Act, 1899 | DailyLaw.ai