Cus Ntf No.12/2000 (NT) Date 24/2/2000

Custom Forex Rates applicable for the month of March 2000 (Imports)
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.08/2000-N.T. -Customs, [S.0.66(E)] dated the 25th January, 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 conversation of each of the foreign currency specified in the colum1n (2) of Schedule I and Schedule II appended hereto into Indian currency or vice-versa shall, with effect from the 1st March, 2000 be the rate mentioned against it in the corresponding entry in column (3) thereof.

					SCHEDULE-I
	SL.	FOREIGN CURRENCY	RATE OF EXCHANGE OF ONE UNIT OF FOREIGN	NO.				CURRENCY EQUIVALENT TO INDIAN RUPEES
	(1)		(2)				(3)
	1.	Austrian Schilling				3.20	2.	Australian Dollar			 	27.30	3. 	Canadian Dollar	 		 	30.00	4. 	Danish Kroner				5.95	5. 	Deutsche Mark				22.55	6. 	Dutch Guilder				20.00	7. 	EURO					44.15	8.	French Francs				6.70	9.	Hong Kong Dollar				5.65	10. 	Norwegian Kroner				5.40	11. 	Pound Sterling	 	 	 	70.75	12. 	Swedish Kroner	 			5.15	13. 	Swiss Franc				27.45	14. 	Singapore Dollar			 	25.70	15. 	U.S. Dollar				43.80
					SCHEDULE-II
	SL.	 FOREIGN CURRENCY	RATE OF EXCHANGE OF 100 UNITS OF FOREIGN	No.				CURRENCY EQUIVALENT TO INDIAN RUPEES
	(1)	(2)					(3)
	1.	Belgian Francs	 			109.40	2.	Italian Lira				2.27	3.	Japanese Yen				39.75

Sd / -
(S.K. Sinha)
Director (Customs)

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