| Date: |
22-03-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 20/2002 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Exchange Rates for Imports for April 2002
|
|
Exchange Rates for Imports for April 2002
Custom Notification
No. 20 dated 22nd March 2002 (NT)
In exercise of the
powers conferred by sub-section (2) of section 20 of the Indian Stamp Act, 1899
(2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of section 14 of
Customs Act, 1962 (52 of 1962) and in supersession of the Notification of the
Government of India in the Ministry of Finance (Department of Revenue) No. 9/
2002-NT-Customs, [S.O. 230(E)] dated the 25th February, 2002 the
Central Government hereby: -
(a)
prescribes for the purpose of calculating stamp duty under the Indian
Stamp Act, 1899 (2 of 1899)
(b)
determines for the purposes of section 14 of the Customs Act, 1962 (52 of
1962) in so far as these relate to imported 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 April, 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
|
25.95
|
|
2.
|
Canadian Dollar
|
31.00
|
|
3.
|
Danish Kroner
|
5.85
|
|
4.
|
EURO
|
43.35
|
|
5.
|
Hong Kong Dollar
|
6.30
|
|
6.
|
Norwegian Kroner
|
5.60
|
|
7.
|
Pound Sterling
|
69.95
|
|
8.
|
Swedish Kroner
|
4.80
|
|
9.
|
Swiss Franc
|
29.60
|
|
10.
|
Singapore Dollar
|
26.80
|
|
11.
|
U.S. Dollar
|
48.90
|
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
|
37.25
|
|
|
|