| Date: |
25-02-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 9/2002 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Customs Exchange rates for imported goods for the month of March 2002
|
|
Customs Exchange rates for imported goods for the month of March 2002
Notification
No. 9 dated 25th February 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.7/2002-NT-Customs, [S.O. 114(E)] dated the 28th January, 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 March, 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
|
25.15
|
|
2.
|
Canadian Dollar
|
30.70
|
|
3.
|
Danish Kroner
|
5.70
|
|
4.
|
EURO
|
42.60
|
|
5.
|
Hong Kong Dollar
|
6.25
|
|
6.
|
Norwegian Kroner
|
5.50
|
|
7.
|
Pound Sterling
|
69.75
|
|
8.
|
Swedish Kroner
|
4.65
|
|
9.
|
Swiss Franc
|
28.75
|
|
10.
|
Singapore Dollar
|
26.70
|
|
11.
|
U.S. Dollar
|
48.85
|
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
|
36.45
|
|
|
|