Date: |
25-09-2001
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Notification No: |
CUSTOMS NOTIFICATION No 44/2001 (NT)
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Issuing Authority: |
Indian Customs
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Type: |
Non Tariff
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File No: |
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Subject: |
Notification No. 44 dated 25th September 2001 (NT)
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Notification No. 44 dated 25th September 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
October, 2001 be the rate mentioned against it in the corresponding entry in
column (3) thereof.
Schedule � I
S.No.
|
Foreign Currency
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Rate of Exchange of
One Unit of Foreign Currency Equivalent to Indian Rupees
|
(1)
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(2)
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(3)
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1.
|
Austrian Schilling
|
3.20
|
2.
|
Australian Dollar
|
23.55
|
3.
|
Canadian Dollar
|
30.70
|
4.
|
Danish Kroner
|
5.95
|
5.
|
Deutsche Mark
|
22.55
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6.
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Dutch Guilder
|
20.05
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7.
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EURO
|
44.15
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8.
|
French Francs
|
6.75
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9.
|
Hong Kong Dollar
|
6.20
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10.
|
Norwegian Kroner
|
5.60
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11.
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Pound Sterling
|
70.20
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12.
|
Swedish Kroner
|
4.45
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13.
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Swiss Franc
|
30.55
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14.
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Singapore Dollar
|
27.50
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15.
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US Dollar
|
48.25
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Schedule � II
S.No.
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Foreign Currency
|
Rate of exchange of
100 units of foreign currency equivalent to Indian rupees
|
1.
|
Belgian Francs
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109.45
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2.
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Italian Lira
|
2.30
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3.
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Japanese Yen
|
41.40
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