Date: |
28-01-2002
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Notification No: |
CUSTOMS NOTIFICATION No 8/2002 (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. 8 dated 28th January 2002 (NT)
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Notification No. 8 dated 28th January 2002 (NT)
In exercise of the powers conferred by sub-clause (a) of sub-section
(3) of Section 14 of the 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.64/2001-NT-Customs, [S.O.1263 (E)] dated the 26th
December, 2001 the Central Government hereby determines for the purposes of said
section in so far as these relate to export 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 February, 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.
|
Austrian
Schilling
|
3.05
|
2.
|
Australian
Dollar
|
25.05
|
3.
|
Canadian
Dollar
|
30.05
|
4.
|
Danish
Kroner
|
5.70
|
5.
|
Deutsche
Mark
|
21.60
|
6.
|
Dutch
Guilder
|
19.15
|
7.
|
EURO
|
42.25
|
8.
|
French
Francs
|
6.45
|
9.
|
Hong
Kong Dollar
|
6.20
|
10.
|
Norwegian
Kroner
|
5.35
|
11.
|
Pound
Sterling
|
68.70
|
12.
|
Swedish
Kroner
|
4.58
|
13.
|
Swiss
Franc
|
28.80
|
14.
|
Singapore
Dollar
|
26.25
|
15.
|
US
Dollar
|
48.25
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Schedule � II
S.No.
|
Foreign Currency
|
Rate of exchange of 100 units of foreign currency equivalent to Indian
rupees
|
1.
|
Belgian
Francs
|
104.75
|
2.
|
Italian
Lira
|
2.18
|
3.
|
Japanese
Yen
|
35.75
|
|
|