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26
th
December, 2002
Notification No. 81/2002-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 & Company Affairs
(Department of Revenue) No.74/2002-NT-Customs, dated the 26
th
November, 2002 [S.O.1234(E) dated the 26
th
November,
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
January, 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 Dollar 27.15
2.Canadian Dollar 31.10
3.Danish Kroner 6.65
4.EURO 49.50
5.Hong Kong Dollar 6.20
6.Norwegian Kroner 6.80
7.Pound Sterling 76.75
8.Swedish Kroner 5.40
9.Swiss Franc 34.00
10.Singapore Dollar 27.75
11.US Dollar 48.20
Schedule - II
S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1) (2) (3)
1.Japanese Yen 40.05
N.J. Kumaresh
Under Secretary to the Government of India
F.No.468/22/2002-Cus.V
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