| Date: |
26-07-2001
|
| Notification No: |
CUSTOMS NOTIFICATION No 34/2001 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Notification No. 34 dated 26th July 2001 (NT)
|
Notification No. 34 dated 26th July 2001 (NT)
Notification No. 34 dated 26th July 2001 (NT)
(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
August, 2001 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.
|
Austrian Schilling
|
3.00
|
|
2.
|
Australian Dollar
|
24.10
|
|
3.
|
Canadian Dollar
|
30.75
|
|
4.
|
Danish Kroner
|
5.55
|
|
5.
|
Deutsche Mark
|
21.20
|
|
6.
|
Dutch Guilder
|
18.80
|
|
7.
|
EURO
|
41.45
|
|
8.
|
French Francs
|
6.30
|
|
9.
|
Hong Kong Dollar
|
6.05
|
|
10.
|
Norwegian Kroner
|
5.15
|
|
11.
|
Pound Sterling
|
67.35
|
|
12.
|
Swedish Kroner
|
4.45
|
|
13.
|
Swiss Franc
|
27.50
|
|
14.
|
Singapore Dollar
|
26.05
|
|
15.
|
U.S. Dollar
|
47.35
|
SCHEDULE - II
|
S. No.
|
Foreign Currency
|
Rate of Exchange
of 100 unit of foreign currency equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Belgian Francs
|
102.70
|
|
2.
|
Italian Lira
|
2.15
|
|
3.
|
Japanese Yen
|
38.10
|
|
|
|