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Section20
The Indian Stamp Act, 1899

Conversion of amount expressed in foreign currencies

In force From 01 Jul 1899 Act 2 of 1899 As on 18 Oct 2026

Act 2 of 1899 Ministry Finance Enacted 27 Jan 1899 In force 01 Jul 1899 Cited by 2 provisions Instruments 2

Section 20 of the Indian Stamp Act, 1899 deals with conversion of amount expressed in foreign currencies. Where an instrument is chargeable with ad valorem duty in respect of any money expressed in any currency other than that of [India] such duty shall be calculated on the value of such money in the currency of [India] according to the current rate of exchange on the day of the date of the instrument. The Act came into force on 01 Jul 1899.

(1) Where an instrument is chargeable with ad valorem duty in respect of any money expressed in any currency other than that of 1[India] such duty shall be calculated on the value of such money in the currency of 1[India] according to the current rate of exchange on the day of the date of the instrument.

(2) The Central Government may, from time to time, by notification in the Official Gazette, prescribe a rate of exchange for the conversion of British or any foreign currency into the currency of 1[India] for the purposes of calculating stamp-duty, and such rate shall be deemed to be the current rate for the purposes of sub-section (1).

Section 20, The Indian Stamp Act, 1899 (Act 2 of 1899).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Referred to by 2

  1. Bombay Stamp Act s. 20 Conversion of amount expressed in foreign currencies
  2. Karnataka Stamp Act s. 20 Conversion of amount expressed in foreign currencies

Made under this section, and citing it

2 instruments name this provision in its title or its text without being made under it.

All subordinate legislation

Questions about Section 20

What does Section 20 of the Indian Stamp Act deal with?

Section 20 of the Indian Stamp Act is headed "Conversion of amount expressed in foreign currencies". Where an instrument is chargeable with ad valorem duty in respect of any money expressed in any currency other than that of [India] such duty shall be calculated on the value of such money in the currency of [India] according to the current rate of exchange on the day of the date of the instrument.

How do I find court cases under Section 20 of the Indian Stamp Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Stamp Act 20, section 20 Stamp Act, section 20 of the Indian Stamp Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 20 of the Indian Stamp Act, and has it changed?

2 other provisions in this corpus refer back to it. 2 instruments name it without being made under it, most recently to award the Post Contract Consultancy Services for executing the Engineering, Procurement and Construction (EPC) contract for Captive Coal Jetty to the Department of Ocean Engineering, Indian Institute of Technology, Madras (IIT-M) on nomination basis. (2019), then Recruitment rule of Malaria Inspector (2010).

When did Section 20 of the Indian Stamp Act come into force?

Section 20 of the Indian Stamp Act, cited as Stamp Act 20, came into force on 01 Jul 1899, having been enacted on 27 Jan 1899. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 18 Oct 2026. This page is not a substitute for legal advice.