Exchange Rate - Superseds notification No.67/2003-Cus (NT) dated the 26th August, 2003.

Document Text

25th September, 2003 Notification No. 80/2003 - 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.67/2003-NT- Customs, dated the 26th August, 2003 [S.O.969 (E) dated the 26th August, 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 1st October, 2003, be the rate mentioned against it in the corresponding entry in column (3) thereof. Schedule - I Foreign Currency S. No. Rate of exchange of one unit of foreign currency equivalent Indian rupees to (1) (2) (3) 1. 2. 3. 4. 5. 6. 7. 8. 9. Australian Dollar 31.05 Canadian Dollar 33.90 Danish Kroner 7.10 EURO 52.75 Hong Kong Dollar 5.95 Norwegian Kroner 6.55 Pound Sterling 76.00 Swedish Kroner 5.90 Swiss Franc 33.90 10. Singapore Dollar 26.50 11. US Dollar 46.00 Schedule - II Foreign Currency S. No. Rate of exchange of 100 units of foreign currency equivalent Indian rupees to (1) (2) 1. Japanese Yen (3) 41.05 N.J. Kumaresh Under Secretary to the Government of India F.No.468/11/2003-Cus.V

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