| Date: |
28-10-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 68/2002 (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. 68 dated 28th October 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. 62/ 2002-NT-Customs, dated the 25th
September, 2002 [S.O.1037 (E), dated the 25th September, 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
November, 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
|
26.75
|
|
2.
|
Canadian
Dollar
|
30.75
|
|
3.
|
Danish
Kroner
|
6.35
|
|
4.
|
EURO
|
47.15
|
|
5.
|
Hong
Kong Dollar
|
6.20
|
|
6.
|
Norwegian
Kroner
|
6.40
|
|
7.
|
Pound
Sterling
|
74.95
|
|
8.
|
Swedish
Kroner
|
5.15
|
|
9.
|
Swiss
Franc
|
32.10
|
|
10.
|
Singapore
Dollar
|
27.15
|
|
11.
|
US
Dollar
|
48.20
|
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
|
38.90
|
|
|
|