| Date: |
24-04-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 23/2002 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Exchange Rates for Export Goods Applicable in May 2002
|
|
Exchange Rates for Export Goods Applicable in May 2002
Customs Notification No. 23 dated 24th April 2002 (NT)
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 supercession of the Notification of the Government of India in the
Ministry of Finance (Department of Revenue) No.21/ 2002-NT-Customs, [S.O.330 (E)] dated the 22nd
March, 2002 the Central Government hereby determines for the purposes of said section in so far as
these relate 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 May, 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 100 units of foreign currency equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Australian Dollar
|
26.35
|
|
2.
|
Canadian Dollar
|
31.00
|
|
3.
|
Danish Kroner
|
5.80
|
|
4.
|
EURO
|
43.25
|
|
5.
|
Hong Kong Dollar
|
6.25
|
|
6.
|
Norwegian Kroner
|
5.70
|
|
7.
|
Pound Sterling
|
70.65
|
|
8.
|
Swedish Kroner
|
4.70
|
|
9.
|
Swiss Franc
|
29.45
|
|
10.
|
Singapore Dollar
|
26.85
|
|
11.
|
US Dollar
|
48.75
|
Schedule-II
|
S.No.
|
Foreign Currency
|
Rate of exchange of 100 units of foreign currency equivalent to Indian Rupees
|
|
1.
|
Japanese Yen
|
37.50
|
|
|
|