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24
th
April, 2002
Notification No.23/2002-Customs (N.T.)
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 supercession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue)
No.21/2002-NT-Customs, [S.O.330(E)] dated the 22
nd
March, 2002 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 1
st
May, 2002 be the rate mentioned against it in the corresponding entry in column (3) thereof:-
Schedule-I
S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian Rupees
(1) (2) (3)
1.Australian Dollar 26.35
2.Canadian Dollar 31.00
3.Danish Kroner 5.80
4.EURO 43.25
5.Hong Kong Dollar 6.25
6.Norwegian Kroner 5.70
7.Pound Sterling 70.65
8.Swedish Kroner 4.70
9.Swiss Franc 29.45
10.Singapore Dollar 26.85
11.US Dollar 48.75
Schedule-II
S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian Rupees
1.Japanese Yen 37.50
(S.K. Sinha)
Director (ICD)
F.No.468/11/2002-Cus.V
notifications no 23 2002 customs n t | iKargos