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Regarding Rule 32(2)b
when amount of money exchanged excceeds Rs.10lacs then, 0.1% of the amount jn excess of 10 lacs will be added in 5500 or 5000? because.. at some places it has been written that 5000 will be added & in Act it's given 5500.
Replies (1)
In rules it is given 5500 and according to to calculation also comes 5500....up to 1 lakh Rs 1000 and on balance 900000*.5%=4500 i. e 5500
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