26th
November, 2002
Notification
No. 75/2002-Customs (N.T.)
In exercise of the powers
conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of
the 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.68/2002-NT-Customs, dated the 28th
October, 2002 [S.O.1133(E), dated the
28th October, 2002], the
Board hereby determines for the purposes of said section relating to export
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 |
27.00 |
|
2. |
Canadian Dollar |
30.40 |
|
3. |
Danish
Kroner |
6.40 |
|
4. |
EURO |
47.70 |
|
5. |
Hong Kong Dollar |
6.15 |
|
6. |
Norwegian Kroner |
6.55 |
|
7. |
Pound Sterling |
75.60 |
|
8. |
Swedish Kroner |
5.30 |
|
9. |
Swiss Franc |
32.40 |
|
10. |
Singapore Dollar |
27.10 |
|
11. |
US Dollar |
48.05 |
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 |
39.15 |
N.J.
Kumaresh
Under Secretary to the Government of India
F.No.468/21/2002-Cus.V