26
th
August, 2003
Notification No. 67/2003 - Customs (N.T.)
In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of 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.58/2003-NT-Customs, dated the 28
th
July, 2003 [S.O.862(E) dated the 28
th
July, 2003], 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 1
st
September, 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 Dollar30.00
2.Canadian Dollar32.95
3.Danish Kroner6.75
4.EURO 50.10
5.Hong Kong Dollar5.90
6.Norwegian Kroner6.00
7.Pound Sterling72.45
8.Swedish Kroner5.40
9.Swiss Franc 32.50
10.Singapore Dollar26.40
11.US Dollar 46.00
Schedule - II
S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Japanese Yen39.20
Anoop Swarup
Director (ICD)
F.No.468/10/2003-Cus.V