Cus Ntf No.32/2002(NT) date 28/05/2002

Exchange Rate effective from 1st June, 2002 Relates to Export Goods
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 partial supercession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.23/2002-NT-Customs, dated the 24th April, 2002 [S.O.461(E) dated the 24th April, 2002], the Central Board of Excise and Customs hereby determines for the purposes of said section relating 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 June, 2002 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.	Australian Dollar	27.15
2.	Canadian Dollar	31.80
3.	Danish Kroner	6.05
4.	EURO	44.90
5.	Hong Kong Dollar	6.25
6.	Norwegian Kroner	6.05
7.	Pound Sterling	71.10
8.	Swedish Kroner	4.90
9.	Swiss Franc	30.85
10.	Singapore Dollar	27.10
11.	US Dollar	48.80

Schedule-II

S.No.	Foreign Currency	Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)	(2)	(3)
1.	Japanese Yen	39.05

N.J. Kumresh
Under Secretary to the Government of India

F.No.468/13/2002-Cus.V

(Last amended vide Cus Ntf No.40/2002(NT) date 26/06/2002)

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