Notification

CUS NTF NO. 36/2003 (NT) DATE 27/05/2003

Document type: Notification
Reference no.: EE
Dated: 27 May 2003
Category: Non-Tariff

Exchange Rate effective from 1st June, 2003 Relates to export goods

CUS NTF NO. 36/2003 (NT) DATE 27/05/2003

Exchange Rate effective from 1st June, 2003 Relates to export 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 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.31/2003-NT-Customs, dated the 25th April, 2003 [S.O.474(E), dated the 25th April, 2003], the Board 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 each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st June, 2003, 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	30.75
2.	Canadian Dollar	33.95
3.	Danish Kroner	7.45
4.	EURO	55.15
5.	Hong Kong Dollar	6.00
6.	Norwegian Kroner	7.00
7.	Pound Sterling	76.55
8.	Swedish Kroner	6.00
9.	Swiss Franc	36.15
10.	Singapore Dollar	27.15
11.	US Dollar	46.70

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	39.95

F.No.468/7/2003-Cus.V

Sd/-
(N.J. KUMARESH)
Under Secretary to the Government of India

(Last amended vide CUS NTF NO. 41/2003 (NT) DATE 25/06/2003)

CUS NTF NO. 36/2003 (NT) DATE 27/05/2003

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