| Date: |
28-08-2001
|
| Notification No: |
CUSTOMS NOTIFICATION No 38/2001 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Notification No. 38 dated 28th August 2001 (NT)
|
Notification No. 38 dated 28th August 2001 (NT)
Notification No. 38 dated 28th August 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 September,
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
|
3.15
|
|
2.
|
Australian
Dollar
|
25.20
|
|
3.
|
Canadian
Dollar
|
30.75
|
|
4.
|
Danish
Kroner
|
5.80
|
|
5.
|
Deutsche
Mark
|
22.10
|
|
6.
|
Dutch
Guilder
|
19.60
|
|
7.
|
EURO
|
43.20
|
|
8.
|
French
Francs
|
6.60
|
|
9.
|
Hong
Kong Dollar
|
6.05
|
|
10.
|
Norwegian
Kroner
|
5.35
|
|
11.
|
Pound
Sterling
|
68.25
|
|
12.
|
Swedish
Kroner
|
4.60
|
|
13.
|
Swiss
Franc
|
28.40
|
|
14.
|
Singapore
Dollar
|
27.10
|
|
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
|
107.10
|
|
2.
|
Italian
Lira
|
2.25
|
|
3.
|
Japanese
Yen
|
39.40
|
|
|
|