Notification No. 77/2000-NT-Customs dt. the 22nd December, 2000

S.O. (E) - In exercise of the powers conferred by sub-section (2) of Section 20 of the Indian Stamp Act, 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of Section 14 of 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. 70/2000-NT-Customs, [S.O.1056(E)] dated the 27th November, 2000 the Central Government, hereby:-

1. prescribes for the purpose of calculating stamp duty under the Indian Stamp Act, 1899 (2 of 1899),
   
   
2. determines for the purposes of section 14 of the Customs Act, 1962 (52 of 1962) in so far as these relate to imported goods.

that the rate of exchange of conversation 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 1^st January, 2001 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		3.12
2.	Australian Dollar		26.10
3.	Canadian Dollar		30.85
4.	Danish Kroner		5.75
5.	Deutsche Mark		22.00
6.	Dutch Guilder		19.50
7.	EURO		43.05
8.	French Francs		6.55
9.	Hong Kong Dollar		6.00
10.	Norwegian Kroner		5.25
11.	Pound Sterling		69.15
12.	Swedish Kroner		4.90
13.	Swiss Franc		28.25
14.	Singapore Dollar		27.15
15.	U.S. Dollar		46.90

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		106.65
2.	Italian Lira		2.22
3.	Japanese Yen		41.70

Sd/-
(Rimjhim Prasad)
Under Secretary to the Govt. of India

(New Exchange Rate (Effective 1/2/2001) vide Cus Ntf.No.2/2001(NT) dt.25/01/2001)

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