| Date: |
26-12-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 81/2002 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
New Effective Exchange Rate of Indian Rupee vis-a-vis other Currencies for Imported Goods and Stamp Duty Levy
|
|
New Effective Exchange Rate of Indian Rupee vis-a-vis other Currencies
for Imported Goods and Stamp Duty Levy
Customs
Notification No. 81 dated 26th December 2002 (NT)
In exercise
of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of
section 14 of 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. 74/2002-NT-Customs, dated the 26th
November, 2002 [S.O.1234 (E) dated the 26th November, 2002], the
Board hereby determines for the purposes of said section, relating to imported
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 January, 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
|
27.15
|
|
2.
|
Canadian
Dollar
|
31.10
|
|
3.
|
Danish
Kroner
|
6.65
|
|
4.
|
EURO
|
49.50
|
|
5.
|
Hong
Kong Dollar
|
6.20
|
|
6.
|
Norwegian
Kroner
|
6.80
|
|
7.
|
Pound
Sterling
|
76.75
|
|
8.
|
Swedish
Kroner
|
5.40
|
|
9.
|
Swiss
Franc
|
34.00
|
|
10.
|
Singapore
Dollar
|
27.75
|
|
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
|
40.05
|
|
|
|