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Notification

Cus Ntf No.31/2001(N.T.) date 26/06/2001

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

Customs Exchange Rates for import Goods for July 2001

Notification No.31/2001- Cus(N.T.) dated 26/06/2001

Customs Exchange Rates for import Goods for July 2001


In exercise of the powers conferred by sub-section (2) of section 20 of the Indian Stamp Act, 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of section 14 of 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.24/2001-N.T.-Customs, [S.O.469 (E)] dated the 28th May, 2001 the Central Government hereby:-
  1. prescribes for the purpose of calculating stamp duty under the Indian Stamp Act, 1899 (2 of 1899),

  2. determines for the purposes of section 14 of the Customs Act, 1962 (52 of 1962) in so far as these relate to imported 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 July, 2001 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 2.95
2. Australian Dollar 24.45
3. Canadian Dollar 31.00
4. Danish Kroner 5.45
5. Deutsche Mark 20.75
6. Dutch Guilder 18.45
7. EURO 40.65
8. French Francs 6.20
9. Hong Kong Dollar 6.05
10. Norwegian Kroner 5.15
11. Pound Sterling 66.80
12. Swedish Kroner 4.45
13. Swiss Franc 26.70
14. Singapore Dollar 25.95
15. U.S. Dollar 47.15


SCHEDULE - II


S. NO. FOREIGN CURRENCY RATE OF EXCHANGE OF 100 UNITS OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES
(1) (2) (3)
1. Belgian Francs 100.75
2. Italian Lira 2.10
3. Japanese Yen 38.00


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

(Last amended vide Cus Ntf.No.34/2001 dt.26/07/2001)

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