Cus Ntf No. 57/2000 (NT) date 26th September,2000
Exchange Rates for import of goods for October, 2000S.O. (E) - In exercise of the powers conferred by sub-section (2) of section 20 of the IndianStamp Act, 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of section 14of Custom Act,1962 (52 of 1962) and in supersession of the Notification of the Government ofIndia in the Ministry of Finance (Department of Revenue)
No. 51/2000-NT-Custom,[S.O.773 (E)] dated the 28th August, 2000 the Central Government,hereby-
(a) prescribes for the purpose of calculating stamp duty under the Indian Stamp Act, 1899 (2 of 1899),
(b) determines for the purposes of section 14 of the Custom 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 column(2) of Schedule I and Schedule II appended hereto into Indian Currency or vice-versa shall, witheffect from the 1st October,2000 be the rate mentioned against it in the corresponding entry incolumn (3) thereof.
Schedule-I
Sl. Foreign Rate of exchange of one unit of foreign No. Currency currency equivalent to Indian rupees
(1) (2) (3)
1. Austrian Schilling 2.95 2. Australian Dollar 25.30 3. Canadian Dollar 31.15 4. Danish Kroner 5.45 5. Deutsche Mark 20.80 6. Dutch Guilder 18.45 7. EURO 40.70 8. French Francs 6.20 9. Hong Kong Dollar 5.95 10. Norwegian Kroner 5.05 11. Pound Sterling 67.65 12. Swedish Kroner 4.85 13. Swiss Franc 26.85 14. Singapore Dollar 26.55 15. U.S. Dollar 46.35
Schedule-II
SI. Foreign Rate of exchange of 100 units of foreign No. Currency currency equivalent to Indian rupees
(1) (2) (3)
1. Belgian Francs 100.85 2. Italian Lira 2.10 3. Japanese Yen 43.05
Sd/-
Rajinder Singh
Under Secretary to the Govt. of India
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