Cus Ntf No.48/2002(NT) date 26/07/2002

Exchange Rate effective from 1st August, 2002 Relates to Imported Goods
S.O. (E) – In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supercession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.39/2002-NT-Customs, dated the 26th June, 2002 [S.O.669(E) dated the 26th June, 2002], the Board hereby determines for the purposes of said section, relating to imported goods, that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st August, 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	26.60
2.	Canadian Dollar	31.25
3.	Danish Kroner	6.55
4.	EURO	48.90
5.	Hong Kong Dollar	6.25
6.	Norwegian Kroner	6.40
7.	Pound Sterling	77.10
8.	Swedish Kroner	5.15
9.	Swiss Franc	33.70
10.	Singapore Dollar	28.10
11.	US Dollar	48.85

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	42.00

F.No.468/16/2002-Cus.V

Sd/-
N.J. Kumaresh
Under Secretary to the Government of India

(Last amended vide CUS NTF NO.57/2002(NT) DATE 26/08/2002)

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