26th November, 2002
Notification
No.74/2002-Customs (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
supercession of the notification of the Government of India in the Ministry of
Finance & Company Affairs (Department of Revenue) No.67/2002-NT-Customs,
dated the 28th October, 2002 [S.O.1132(E) dated
the 28th October, 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 December, 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 |
27.30 |
|
2. |
Canadian Dollar |
30.70 |
|
3. |
Danish Kroner |
6.50 |
|
4. |
EURO |
48.20 |
|
5. |
Hong
Kong Dollar |
6.20 |
|
6. |
Norwegian Kroner |
6.60 |
|
7. |
Pound
Sterling |
76.30 |
|
8. |
Swedish
Kroner |
5.35 |
|
9. |
Swiss
Franc |
32.70 |
|
10. |
Singapore
Dollar |
27.30 |
|
11. |
US
Dollar |
48.40 |
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 |
39.45 |
N.J. Kumaresh
Under
Secretary to the Government of India
F.No.468/21/2002-Cus.V