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Date: 26-06-2002
Notification No: CUSTOMS NOTIFICATION No 39/2002 (NT)
Issuing Authority: Indian Customs  
Type: Non Tariff
File No:
Subject: Exchange Rates for Imports for July 2002
Exchange Rates for Imports for July 2002

Customs Notification No. 39 dated 26th June 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 (Department of Revenue) No.31/2002-NT-Customs, dated the 28th May, 2002 [S.O.574 (E) dated the 28th May, 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 July, 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

28.25

2.

Canadian Dollar

32.30

3.

Danish Kroner

6.45

4.

EURO

47.75

5.

Hong Kong Dollar

6.30

6.

Norwegian Kroner

6.45

7.

Pound Sterling

73.55

8.

Swedish Kroner

5.30

9.

Swiss Franc

32.50

10.

Singapore Dollar

27.80

11.

US Dollar

49.10

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

40.30

       

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