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26
th
June, 2002
Notification NO.39/2002-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 supercession of the notification of the Government of India in the Ministry of Finance (Department of Revenue)
No.31/2002-NT-Customs, dated the 28
th
May, 2002 [S.O.574(E) dated the 28
th
May, 2002], 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
July, 2002, 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 Dollar 28.25
2.Canadian Dollar 32.30
3.Danish Kroner 6.45
4.EURO 47.75
5.Hong Kong Dollar 6.30
6.Norwegian Kroner 6.45
7.Pound Sterling 73.55
8.Swedish Kroner 5.30
9.Swiss Franc 32.50
10.Singapore Dollar 27.80
11.US Dollar 49.10
Schedule-II
S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1) (2) (3)
1.Japanese Yen 40.30
N.J. Kumaresh
Under Secretary to the Government of India
F.No.468/14/2002-Cus.V
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