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Cus Ntf No.21/2002(NT) date 22/03/2002

Exchange Rate effective from 1st April, 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 supercession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.10/2002-NT-Customs, [S.O.231(E)] dated the 25th February, 2002 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 April, 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 25.70
2. Canadian Dollar 30.75
3. Danish Kroner 5.75
4. EURO 42.90
5. Hong Kong Dollar 6.20
6. Norwegian Kroner 5.55
7. Pound Sterling 69.30
8. Swedish Kroner 4.75
9. Swiss Franc 29.30
10. Singapore Dollar 26.55
11. US Dollar 48.55

Schedule-II

S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
1. Japanese Yen 36.90

S.K. Sinha
Director (ICD)

F.No.468/8/2002-Cus.V

(Last amended vide Cus Ntf No.23/2002 (NT) date 24/04/2002)

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