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27
th
May, 2003
Notification No. 36/2003 - 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.31/2003-NT-Customs, dated the 25
th
April, 2003 [S.O.474(E), dated the 25
th
April , 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
June, 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 Dollar30.75
2.Canadian Dollar33.95
3.Danish Kroner7.45
4.EURO 55.15
5.Hong Kong Dollar6.00
6.Norwegian Kroner7.00
7.Pound Sterling76.55
8.Swedish Kroner6.00
9.Swiss Franc 36.15
10.Singapore Dollar27.15
11.US Dollar 46.70
Schedule - II
S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Japanese Yen 39.95
N.J. KUMARESH
Under Secretary to the Government of India
F.No.468/7/2003-Cus.V
notifications no 36 2003 customs n t | iKargos