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Notification

Cus Ntf No.8/2002 (NT) Date 28/01/2002

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

Exchange Rate effective from 1st February, 2002 Relates to Exported Goods

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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