28
th
October, 2003
Notification No. 91/2003 - Customs (N.T.)
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.81/2003-NT-Customs, dated the 25
th
September, 2003 [S.O.1103(E), dated the 25
th
September , 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 1
st
November, 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 Dollar31.60
2.Canadian Dollar34.45
3.Danish Kroner7.15
4.EURO 52.90
5.Hong Kong Dollar5.80
6.Norwegian Kroner6.40
7.Pound Sterling76.35
8.Swedish Kroner5.80
9.Swiss Franc 34.20
10.Singapore Dollar25.90
11.US Dollar 45.15
Schedule - II
S. No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Japanese Yen 41.45
V. Kezo
Under Secretary to the Government of India
F.No.468/12/2003-Cus.V