| Date: |
26-08-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 58/2002 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
New Effective Exchange Rate of Indian Rupee vis-a-vis Specified Currencies for Export Goods
|
|
New Effective Exchange Rate of Indian Rupee vis-a-vis Specified
Currencies for Export Goods
Customs
Notification No. 58 dated 26th August 2002 (NT)
In
exercise of the powers conferred by sub-clause (i) of 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 &
Company Affairs (Department of Revenue) No. 49/ 2002-NT-Customs, dated the 26th
July, 2002 [S.O. 798 (E) dated the 26th July, 2002] the Board hereby
determines for the purposes of said section relating to export goods, that the
rate of exchange of conversion of each of the foreign currency specified in
column (2) of each of Schedule I and Schedule II appended hereto into Indian
currency or vice versa shall, with effect from the 1st September,
2002 be the rate mentioned against it in the corresponding entry in column (3)
thereof.
Schedule
- I
|
Sl.
No.
|
Foreign
Currency
|
Rate
of Exchange of One Unit of Foreign Currency Equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Australian
Dollar
|
26.10
|
|
2.
|
Canadian
Dollar
|
30.95
|
|
3.
|
Danish
Kroner
|
6.30
|
|
4.
|
EURO
|
46.70
|
|
5.
|
Hong
Kong Dollar
|
6.20
|
|
6.
|
Norwegian
Kroner
|
6.30
|
|
7.
|
Pound
Sterling
|
73.35
|
|
8.
|
Swedish
Kroner
|
5.10
|
|
9.
|
Swiss
Franc
|
31.70
|
|
10.
|
Singapore
Dollar
|
27.50
|
|
11.
|
U.S.
Dollar
|
48.35
|
Schedule-II
|
Sl.
No.
|
Foreign
Currency
|
Rate
of Exchange of 100 units of Foreign Currency Equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Japanese
Yen
|
40.20
|
|
|
|