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Notification

Cus Ntf No.81/2002 (NT) Date 26/12/2002

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

Exchange Rate effective from 1st January, 2003 Relates to imported goods

Cus Ntf No.81/2002 (NT) Date 26/12/2002

Exchange Rate effective from 1st January, 2003 Relates to imported 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 Customs Act, 1962 (52 of 1962) and in supercession of the notification of the Government of India in the Ministry of Finance & Company Affairs (Department of Revenue) No.74/2002-NT-Customs, dated the 26th November, 2002 [S.O.1234(E) dated the 26th November, 2002], the Board hereby determines for the purposes of said section, relating to imported 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 January, 2003, be the rate mentioned against it in the corresponding entry in column (3) thereof.

SCHEDULE-I

S.No.Foreign CurrencyRate of exchange of one unit
of foreign currency equivalent
to Indian rupees
(1)(2)(3)
1.Australian Dollar27.15
2.Canadian Dollar31.10
3.Danish Kroner6.65
4.EURO49.50
5.Hong Kong Dollar6.20
6.Norwegian Kroner6.80
7.Pound Sterling76.75
8.Swedish Kroner5.40
9.Swiss Franc34.00
10.Singapore Dollar27.75
11.US Dollar48.20


SCHEDULE-II

S.No.Foreign CurrencyRate of exchange of 100 units of
foreign currency equivalent
to Indian rupees
(1)(2)(3)
1.Japanese Yen40.05


F.No.468/22/2002-Cus.V

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

To

The Manager,
Government of India Press,
Mayapuri, Ring Road, New Delhi.

Copy to:- Dte. of Publicity & Public Relations, Customs and Central Excise, New Delhi.

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

(Last amended vide CUS NTF NO. 09/2003 (NT) DATE 28/01/2003)

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