Cus Ntf No. 9/2000 (NT) Date 25th January, 2000
Foreign exchange rate of currencyIn exercise of the powers conferred by sub clause (a) of sub-section (3) of section 14 of the 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.68/99-N.T. -CUSTOMS, [S.O. 1304 (E)] dated the 28th December 1999, the Central Government,hereby determines for the purposes of said section in so far as these relate to export goods, that the rate of exchange of conversion 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, with effect from the 1st February, 2000 be the rate mentioned against it in the corresponding entry in column (3) thereof.
SCHEDULE - I
SI. FOREIGN CURRENCY RATE OF EXCHANGE OF ONE UNIT OF FOREIGN No. CURRENCY EQUIVALENT TO INDIAN RUPEES
(1) (2) (3)
1. Austrian Schilling 3.15 2. Australian Dollar 28.50 3. Canadian Dollar 30.10 4. Danish Kroner 5.90 5. Deutsche Mark 22.30 6. Dutch Guilder 19.80 7. EURO 43.65 8. French Francs 6.65 9. Hong Kong Dollar 5.60 10. Norwegian Kroner 5.40 11. Pound Sterling 71.55 12. Swedish Kroner 5.10 13. Swiss Franc 27.05 14. Singapore Dollar 25.75 15. U.S. Dollar 43.45
SCHEDULE - II
SI. FOREIGN CURRENCY RATE OF EXCHANGE OF 100 UNITS OF FOREIGN No. CURRENCY EQUIVALENT TO INDIAN RUPEES
(1) (2) (3)
1. Belgian Francs 108.20 2. Italian Lira 2.25 3. Japanese Yen 41.35
Sd/-
(S.K. Sinha)
Director (Customs)
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