Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs

New Delhi, the 27th.June.2000

NOTIFICATION

NO. 45/2000-Cus(N.T.)

Exchange rate-export goods-notified in supersession of Notification No 38/2000-Cus (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. 38/2000-NT-Customs, [S.O.519 (E)] dated the 26th May, 2000 the Central Government hereby determines for the purposes of said sections 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 July,2000 be the rate mentioned against it in the corresponding entry in column 3)thereof:-

Schedule-I

Sl.No

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(1).

(2)

(3)

1.

Austrian Schilling

3.00

2.

Australian Dollar

26.35

3.

Canadian Dollar

29.95

4.

Danis Kroner

5.60

5.

Dutch Guilder

21.25

6.

Dutch Guilder

18.85

7.

EURO

41.60

8.

French Francs

6.35

9.

Hong Kong Dollar

5.70

10.

Norwegian Kroner

5.10

11.

Pound Sterlling

66.80

12.

Swedish Kroner

5.00

13.

Swiss Franc

26.80

14.

Singapore Dollar

25.65

15.

US Dollar

44.50

 

Schedule-II

Sl.No

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

1.

Belgian Francs

103.10

2.

Italian Lira

2.14

3.

Japenese Yen

42.55

Notification No. 45/2000-Cus (N.T.), dated 27-6-2000.