| Date: |
28-05-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 31/2002 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
Exchange Rates for Imports
|
|
Exchange Rates for Imports
Customs Notification No. 31 dated 28th May
2002 (N.T.)
In exercise
of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of
Section 14 of Customs Act, 1962 (52 of 1962) and in partial supersession of the
Notification of the Government of India in the Ministry of Finance (Department
of Revenue) No.22/2002-NT-Customs, dated the 24th April, 2002 [S.O.
460(E) dated the 24th April, 2002] in so far as the said notification
relates to powers exercised under the provision of the said Custom Act, the
Central Board of Excise and Customs hereby determine for the purposes of section
14 of said Customs Act, relating 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 June, 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 Units of Foreign Currency Equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Australian
Dollar
|
27.40
|
|
2.
|
Canadian
Dollar
|
32.05
|
|
3.
|
Danish
Kroner
|
6.10
|
|
4.
|
EURO
|
45.35
|
|
5.
|
Hong Kong
Dollar
|
6.30
|
|
6.
|
Norwegian
Kroner
|
6.10
|
|
7.
|
Pound
Sterling
|
71.75
|
|
8.
|
Swedish
Kroner
|
4.95
|
|
9.
|
Swiss
Franc
|
31.15
|
|
10.
|
Singapore
Dollar
|
27.35
|
|
11.
|
US Dollar
|
49.15
|
Schedule
� II
|
S.No.
|
Foreign
Currency
|
Rate
of Exchange of 100 units of Foreign Currency Equivalent to Indian Rupees
|
|
1.
|
Japanese
Yen
|
39.40
|
|
|
|