Section 20: Conversion of amount expressed in foreign currencies

Q: What does Section 20 of The Indian Stamp Act, 1899 (ISA) deal with?

Section 20 ISA pertains to "Conversion of amount expressed in foreign currencies". It is part of the The Indian Stamp Act, 1899, a legislation enacted by the Parliament of India. Section 20 of The Indian Stamp Act, 1899 (ISA) governs conversion of amount expressed in foreign currencies. As verified on 19 May 2026.

Q: Is Section 20 ISA still in force?

Yes, Section 20 of the The Indian Stamp Act, 1899 is currently in force across the Republic of India.

Q: What is धारा 20 ISA?

धारा 20 ISA is the Devanagari Hindi reference for Section 20 of the The Indian Stamp Act, 1899. Section 20 of The Indian Stamp Act, 1899 (ISA) governs conversion of amount expressed in foreign currencies. As verified on 19 May 2026.

Q: What is Dhara 20 ISA?

Dhara 20 ISA is the Roman Hindi reference for Section 20 of the The Indian Stamp Act, 1899. "Dhara" means "Section" in Hindi. Section 20 of The Indian Stamp Act, 1899 (ISA) governs conversion of amount expressed in foreign currencies. As verified on 19 May 2026.

Q: How to cite Section 20 of The Indian Stamp Act, 1899?

Cite as: "Section 20, The Indian Stamp Act, 1899 (ISA)" in legal briefs. For academic writing, use the BlueBook format: The Indian Stamp Act, 1899, § 20 (India).

Law on Tips Editorial Board

(1)

Where an instrument is chargeable with ad valorem duty in respect of any money expressed in any currency other than that of [India] [Substituted by Act 43 of 1955, Section 2, for "the States " (w.e.f. 1.4.1956).], such duty shall be calculated on the value of such money in the currency of [India] [Substituted by Act 43 of 1955, Section 2, for "the States " (w.e.f. 1.4.1956).] according to the current rate of exchange on the day of the date of the instrument

(2)

The [Central Government] [Substituted by A.O.1937, for "Governor-General in Council " .] 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 [India] [The word "cheque " omitted by Act 5 of 1927, Section 5.] 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)