| Date: |
28-10-2002
|
| Notification No: |
CUSTOMS NOTIFICATION No 67/2002 (NT)
|
| Issuing Authority: |
Indian Customs
|
| Type: |
Non Tariff
|
| File No: |
|
| Subject: |
New Effective Exchange Rate of Indian Rupee vis-a-vis other Currencies for Imported Goods and Stamp Duty Levy
|
|
New Effective Exchange Rate of Indian Rupee vis-a-vis other Currencies
for Imported Goods and Stamp Duty Levy
Customs
Notification No. 67 dated 28th October 2002 (NT)
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 supercession of the
notification of the Government of India in the Ministry of Finance & Company
Affairs (Department of Revenue) No. 61/ 2002-NT-Customs, dated the 25th
September, 2002 [S.O.1036 (E) dated the 25th September, 2002], the
Board hereby determines for the purposes of said section, relating to
imported goods, that the rate of exchange of conversion of each of the
foreign currency specified in column (2) of each of Schedule I and Schedule II
appended hereto into Indian currency or vice versa shall, with effect
from the 1st November, 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.
|
Australian
Dollar
|
27.00
|
|
2.
|
Canadian
Dollar
|
31.00
|
|
3.
|
Danish
Kroner
|
6.40
|
|
4.
|
EURO
|
47.60
|
|
5.
|
Hong
Kong Dollar
|
6.25
|
|
6.
|
Norwegian
Kroner
|
6.45
|
|
7.
|
Pound
Sterling
|
75.60
|
|
8.
|
Swedish
Kroner
|
5.20
|
|
9.
|
Swiss
Franc
|
32.40
|
|
10.
|
Singapore
Dollar
|
27.40
|
|
11.
|
US
Dollar
|
48.55
|
SCHEDULE-II
|
S.
No.
|
Foreign
Currency
|
Rate
of Exchange of 100 Units of Foreign Currency Equivalent to Indian Rupees
|
|
(1)
|
(2)
|
(3)
|
|
1.
|
Japanese
Yen
|
39.25
|
|
|
|