| Date: |
28-05-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 32/2002 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Exchange Rates for Exports
|
|
Exchange Rates for Exports
Customs Notification No. 32 dated 28th May
2002 (N.T.)
In
exercise of the powers conferred by sub-clause (a) of sub-section (3) of Section
14 of the Customs Act, 1962 (52 of 1962) and in supersession of the Notification
of the Government of India in the Ministry of Finance (Department of Revenue)
No.23/2002-NT-Customs, dated the 24th April 2002 [S.O. 461(E) dated
the 24th April 2002],the Central Board of Excise and Customs
hereby determines for the purposes of the said section relating to export
goods, that the rate of exchange of conversion of each of the foreign
currency specified in the column (2) of Schedule I and Schedule II appended
hereto into Indian Currency or vice versa shall, with effect from the 1st
June, 2002 be the rate mentioned against it in the corresponding entry in
column (3) thereof: -
Schedule-I
|
S.No.
|
Foreign
Currency
|
Rate
of Exchange of One Units of Foreign Currency Equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Australian
Dollar
|
27.15
|
|
2.
|
Canadian
Dollar
|
31.80
|
|
3.
|
Danish
Kroner
|
6.05
|
|
4.
|
EURO
|
44.90
|
|
5.
|
Hong
Kong Dollar
|
6.25
|
|
6.
|
Norwegian
Kroner
|
6.05
|
|
7.
|
Pound
Sterling
|
71.10
|
|
8.
|
Swedish
Kroner
|
4.90
|
|
9.
|
Swiss
Franc
|
30.85
|
|
10.
|
Singapore
Dollar
|
27.10
|
|
11.
|
US
Dollar
|
49.80
|
Schedule-II
|
S.No.
|
Foreign
Currency
|
Rate
of Exchange of 100 units of Foreign Currency Equivalent to Indian Rupees
|
|
1.
|
Japanese
Yen
|
39.05
|
|
|
|