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24
th
November, 2003
Notification No. 103/2003 - 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.90/2003-NT-Customs, dated the 28
th
October, 2003 [S.O.1238(E) dated the 28
th
October, 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
December, 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 33.25
2.Canadian Dollar 35.30
3.Danish Kroner 7.35
4.EURO 54.80
5.Hong Kong Dollar 5.95
6.Norwegian Kroner 6.70
7.Pound Sterling 78.35
8.Swedish Kroner 6.10
9.Swiss Franc 35.45
10.Singapore Dollar 26.75
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 Yen 42.20
F.No.468/14/2003-Cus.V
N.J. Kumaresh
Under Secretary to the Government of India
notifications no 103 2003 customs n t | iKargos