Cus Ntf No. 51/2000 (NT) date 28th Auguest, 2000.

Rate of exchange of conversion of each of the foreign currency
S.O. 773(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.47/2000-NT-Customs, [S.O.697(E)] dated the 26th July, 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 Customs Act, 1962 (52 of 1962) in so far as these relate to imported 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 September, 2000 be the rate mentioned against it in the corresponding entry in column (3) thereof.

					SCHEDULE-I
	S. 	 FOREIGN 	 RATE OF EXCHANGE OF ONE UNIT OF FOREIGN	NO. CURRENCY	 CURRNCY EQUIVALENT TO INDIAN RUPEES
	(1)	 (2)						(3)
	1. 	Austrian Schilling 				 	3.02	2. 	Australian Dollar 					26.45	3. 	Canadian Dollar 					31.10	4.	Danish Kroner					 5.55	5.	Deutsche Mark					21.25	6.	Dutch Guilder					18.85	7.	EURO						41.60	8.	French Francs					 6.35	9.	Hong Kong Dollar					 5.90	10.	Norwegian Kroner					 5.10	11.	Pound Sterling					68.30	12.	Swedish Kroner					 4.95	13.	Swiss Franc					26.90	14.	Singapore Dollar					26.85	15.	US Dollar						46.15
					SCHEDULE-II
	S.No. 	Foreign 				Rate of exchange of 100 units of foreign 		Currency				currency equivalent to Indian rupees
	1. 	Belgian Francs					103.05	2.	Italian Lira 					 2.15	3.	Japanese Yen 					 43.20

(RAJENDRA SINGH)
UNDER SECRETARY TO THE GOVT. OF INDIA

F.No.468/13/2000-Cus.V

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