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Notification

Cus Ntf No. 33/1999 (NT) Dated 26-5-1999

Document type
Notification
Reference no.
AA
Dated
Category
Non-Tariff

Foreign exchange rate of currency

Cus Ntf No. 33/1999 (NT) Date 26th May,1999

Foreign exchange rate of currency

In exercise of the powers conferred by sub-clause (a) 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.27/99-NT-Customs [S. O. 284(E)] dated the 23rd April, 1999 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 column (2) of Schedule-I and schedule-II appended hereto into Indian currency or vice-versa shall, with effect from the 1st June, 1999 be the rate mentioned against it in the corresponding entry in column (3) thereof.

					SCHEDULE-I

Sl. Foreign Currency Rate of exchange of one unit of foreign No. currency Equivalent to Indian Rupees.
(1) (2) (3)
1. Austrian Schilling 3.28 2. Australian Dollar 28.00 3. Canadian Dollar 29.25 4. Danish Kroner 6.10 5. Deutsche Mark 23.10 6. Dutch Guilder 20.50 7. EURO 45.15 8. French Francs 6.90 9. Hong Kong Dollar 5.50 10. Norwegian Kroner 5.50 11. Pound Sterling 68.10 12. Swedish kroner 5.05 13. Swiss Franc 28.20 14. Singapore Dollar 24.70 15. U.S. Dollar 42.60
SCHEDULE - II
Sl Foreign Currency Rate of exchange of 100 units of foreign No. currency equivalent to Indian Rupees.
(1) (2) (3)
1. Balgian Francs 111.90 2. Italian Lira 2.33 3. Japanese Yen 34.60

Sd/-
(Rimjhim Prasad)
Under Secretary to the Govt of India


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