| Date: |
28-01-2003
|
| Notification No: |
CUSTOMS NOTIFICATION No 9/2003 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Exchange Rates Effective from 1st February 2003 Relates to Imported Goods
|
|
Exchange Rates Effective from 1st February 2003 Relates to Imported Goods
Customs
Notification No. 9 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 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. 81/2002-NT-Customs, dated the 26th
December, 2002 [S.O.1367 (E) dated the 26th December, 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
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
|
28.55
|
|
2.
|
Canadian
Dollar
|
31.65
|
|
3.
|
Danish
Kroner
|
7.00
|
|
4.
|
EURO
|
52.20
|
|
5.
|
Hong
Kong Dollar
|
6.15
|
|
6.
|
Norwegian
Kroner
|
7.00
|
|
7.
|
Pound
Sterling
|
78.60
|
|
8.
|
Swedish
Kroner
|
5.65
|
|
9.
|
Swiss
Franc
|
35.55
|
|
10.
|
Singapore
Dollar
|
27.80
|
|
11.
|
US
Dollar
|
48.05
|
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
|
40.80
|
|
|
|