CUSTOMS NOTIFICATION No.18/2001-N.T. Dated 25/04/2001

Customs Exchange rates for Export Goods with effect from the 1st April, 2001

In 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.14/2001-N.T.-Customs, [S.O.279(E)] dated the 27th March, 2001 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 the column (2) of Schedule I and Schedule II appended hereto into Indian Currency or vice-versa shall, with effect from the 1st May, 2001 be the rate mentioned against it in the corresponding entry in column (3) thereof:-

SCHEDULE - I

S. NO.	FOREIGN CURRENCY	RATE OF EXCHANGE OF ONE UNIT OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES
(1)	(2)	(3)
1.	Austrian Schilling	3.03
2.	Australian Dollar	23.60
3.	Canadian Dollar	30.15
4.	Danish Kroner	5.60
5.	Deutsche Mark	21.40
6.	Dutch Guilder	18.95
7.	EURO	41.80
8.	French Francs	6.35
9.	Hong Kong Dollar	6.00
10.	Norwegian Kroner	5.15
11.	Pound Sterling	67.15
12.	Swedish Kroner	4.55
13.	Swiss Franc	27.35
14.	Singapore Dollar	25.75
15.	U.S. Dollar	46.65

SCHEDULE - II

S. NO.	FOREIGN CURRENCY	RATE OF EXCHANGE OF 100 UNITS OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES
(1)	(2)	(3)
1.	Belgian Francs	103.65
2.	Italian Lira	2.15
3.	Japanese Yen	38.35

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

(Last amended vide Ntf.No.25/2001 dt.28/05/2001)

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