Cus Ntf No.8/2002 (NT) Date 28.1.2002
Exchange Rate effective from 1st February, 2002 Relates to Exported 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 supersession of the
Notification of the Government of India in the Ministry of Finance (Department of
Revenue)
No.64/2001-NT-Customs, [S.O.942(E)] dated the 26th December, 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 February,
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. |
Austrian Schilling |
3.05 |
| 2. |
Australian Dollar |
25.05 |
| 3. |
Canadian Dollar |
30.05 |
| 4. |
Danish Kroner |
5.70 |
| 5. |
Deutsche Mark |
21.60 |
| 6. |
Dutch Guilder |
19.15 |
| 7. |
EURO |
42.25 |
| 8. |
French Francs |
6.45 |
| 9. |
Hong Kong Dollar |
6.20 |
| 10. |
Norwegian Kroner |
5.35 |
| 11. |
Pound Sterling |
68.70 |
| 12. |
Swedish Kroner |
4.58 |
| 13. |
Swiss Franc |
28.80 |
| 14. |
Singapore Dollar |
26.25 |
| 15. |
US Dollar |
48.25 |
Schedule - II
| S.No. | Foreign Currency |
Rate of exchange of 100 units of foreign currency
equivalent to Indian
rupees |
|---|
|
1. | Belgian Francs |
104.75 |
| 2. |
Italian Lira |
2.18 |
| 3. |
Japanese Yen |
35.75 |
(Last amended vide CUS NTF NO.10/2002 (NT) DT. 25/02/2002)
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