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Notification No. 39/2001-Customs (N.T.), 28th August, 2001

Customs Exchange Rate for Exported Goods with effect from the 1st Sept. 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. 35/2001-NT-Customs, [S.O.710(E)] dated the 26th July, 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 September, 2001 be the rate mentioned against it in the corresponding entry in column (3) thereof:-

Schedule-I
S.No.Foreign CurrencyRate of Exchange of One Unit of Foreign Currency equivalent to Indian Rupees
(1)(2)(3)
1.Austrian Schilling3.10
2.Australian Dollar23.50
(Exchange rate for Australian Dollar has been changed vide Cus Ntf.No.48/2001 date 27/09/2001 This will be effective from 27th September,2001)
OLD2.Australian Dollar24.95
3.Canadian Dollar30.45
4.Danish Kroner5.75
5.Deutsche Mark21.85
6.Dutch Guilder19.40
7.EURO42.75
8.French Francs6.50
9.Hong Kong Dollar6.00
10.Norwegian Kroner5.30
11.Pound Sterling67.70
12.Swedish Kroner4.55
13.Swiss Franc30.00
(Exchange rate for Australian Dollar has been changed vide Cus Ntf.No.48/2001 date 27/09/2001 This will be effective from 27th September,2001)
OLD13.Swiss Franc28.10
14.Singapore Dollar26.85
15.US Dollar46.95

Schedule-II
S.No.Foreign CurrencyRate of Exchange of 100 Unit of Foreign Currency equivalent to Indian Rupees
(1)(2)(3)
1.Belgian Francs105.95
2.Italian Lira2.20
3.Japanese Yen39.05

Rajendra Singh
Under Secretary to the Government of India

F.No.468/11/2001-Cus.V
(Last amended vide Cus Ntf. No.45/2001(NT) dt.25/09/2001)

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