| Date: |
06-08-2002
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| Notification No: |
DGFT Public Notice No 29/2002
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| Issuing Authority: |
DGFT
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| Type: |
Public Notice
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| File No: |
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| Subject: |
Indian Rupee Value of the Special Currency Basket for the Purposes of Deferred Payments Contracts entered
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Indian Rupee Value of the Special Currency Basket for the Purposes of Deferred Payments Contracts entered
Public Notice No. 29 dated 6th August 2002
Attention is invited to Ministry of Commerce (Import Trade Control) Public Notice No. 74 - ITC (PN)/ 85-88 dated the 21st February, 1986 on the subject mentioned above. It is hereby informed that in pursuance of the relevant provisions contained in the Indo-USSR deferred payment protocols dated the 30th April, 1981 and 23rd December, 1985 between the Government of India and the erstwhile USSR, the Reserve Bank of India have further revised the Indian Rupee Value of the Special Currency Basket in the manner indicated below: -
|
Effective from |
Rupee value |
|
27.06.2002 |
55.7981 |
2. The above revision would apply to the deferred payment contracts concluded under both the Deferred payment Protocols dated 30.4.1981 and 23.12.85 between the Government of India and the erstwhile USSR.
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