| Date: |
25-09-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 62/2002 (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. 62 dated 25th September 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 supercession of
the notification of the Government of India in the Ministry of Finance &
Company Affairs (Department of Revenue) No. 58/ 2002 � NT - Customs, dated the
26th August, 2002 [S.O.903 (E), dated the 26th August,
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 October, 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 Unit of Foreign Currency Equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Australian
Dollar
|
26.10
|
|
2.
|
Canadian
Dollar
|
30.45
|
|
3.
|
Danish
Kroner
|
6.35
|
|
4.
|
EURO
|
47.05
|
|
5.
|
Hong
Kong Dollar
|
6.20
|
|
6.
|
Norwegian
Kroner
|
6.40
|
|
7.
|
Pound
Sterling
|
74.75
|
|
8.
|
Swedish
Kroner
|
5.20
|
|
9.
|
Swiss
Franc
|
32.20
|
|
10.
|
Singapore
Dollar
|
27.05
|
|
11.
|
US
Dollar
|
48.25
|
SCHEDULE
- II
|
S.No.
|
Foreign
Currency
|
Rate
of Exchange of 100 units of Foreign Currency Equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Japanese
Yen
|
38.95
|
|
|
|