| Date: |
28-01-2003
|
| Notification No: |
CUSTOMS NOTIFICATION No 10/2003 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Exchange Rate effective from 1st February 2003 Relates to Export Goods
|
|
Exchange Rate effective from 1st February 2003 Relates to Export Goods
Customs
Notification No. 10 dated 28th January 2003 (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.
82/ 2002-NT-Customs, dated the 26th December, 2002 [S.O.1368
(E), dated the 26th December, 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 February 2003, 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
|
28.30
|
|
2.
|
Canadian
Dollar
|
31.40
|
|
3.
|
Danish
Kroner
|
6.95
|
|
4.
|
EURO
|
51.65
|
|
5.
|
Hong
Kong Dollar
|
6.10
|
|
6.
|
Norwegian
Kroner
|
6.90
|
|
7.
|
Pound
Sterling
|
77.90
|
|
8.
|
Swedish
Kroner
|
5.60
|
|
9.
|
Swiss
Franc
|
35.20
|
|
10.
|
Singapore
Dollar
|
27.60
|
|
11.
|
US
Dollar
|
47.70
|
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
|
40.45
|
|
|
|