In
exercise of the powers conferred by sub-section (2) of section 20 of the Indian
Stamp Act, 1899 (2 of 1899) and 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.17/2001-N.T.-Customs, [S.O.353 (E)] dated the 25th
April, 2001 the Central Government hereby:-
|
(a) |
prescribes
for the purpose of calculating stamp duty under the Indian Stamp Act, 1899
(2 of 1899), |
|
(b) |
determines
for the purposes of section 14 of the Customs Act, 1962 (52 of 1962) in so
far as these relate to imported
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 1st June,
2001 be the rate mentioned against it in the corresponding entry in column
(3) thereof.
SCHEDULE - I
|
S.
NO. |
FOREIGN CURRENCY |
RATE
OF EXCHANGE OF ONE UNIT OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES |
|
|
|
|
|
(1) |
(2) |
(3) |
|
|
|
|
|
1. |
Austrian
Schilling |
2.95 |
|
2. |
Australian
Dollar |
24.55 |
|
3. |
Canadian
Dollar |
30.55 |
|
4. |
Danish
Kroner |
5.45 |
|
5. |
Deutsche
Mark |
20.75 |
|
6. |
Dutch
Guilder |
18.40 |
|
7. |
EURO |
40.55 |
|
8. |
French
Francs |
6.20 |
|
9. |
Hong
Kong Dollar |
6.05 |
|
10. |
Norwegian
Kroner |
5.10 |
|
11. |
Pound
Sterling |
66.50 |
|
12. |
Swedish
Kroner |
4.50 |
|
13. |
Swiss
Franc |
26.60 |
|
14. |
Singapore
Dollar |
26.15 |
|
15. |
U.S.
Dollar |
47.20 |
SCHEDULE - II
|
S.
NO. |
FOREIGN CURRENCY |
RATE
OF EXCHANGE OF 100 UNITS OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES |
|
|
|
|
|
(1) |
(2) |
(3) |
|
|
|
|
|
1. |
Belgian
Francs |
100.50 |
|
2. |
Italian
Lira |
2.10 |
|
3. |
Japanese
Yen |
39.35 |
|
|
|
|
Sd/-
(N.K.Sinha)
Under Secretary to the Govt. of India
CUSTOMS
NOTIFICATION No.
25/2001-N.T. Dated 28th May, 2001
In
exercise of the powers conferred by sub clause (i) of clause (a) of sub-section
(3) of section 14 of the 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.18/2001-N.T.-Customs, [S.O.354 (E)] dated the
25th April, 2001 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 1st
June, 2001 be the rate mentioned against it in the corresponding entry in
column (3) thereof:-
SCHEDULE - I
|
S.
NO. |
FOREIGN
CURRENCY |
RATE
OF EXCHANGE OF ONE UNIT OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES |
|
|
|
|
|
(1) |
(2) |
(3) |
|
|
|
|
|
1. |
Austrian
Schilling |
2.90 |
|
2. |
Australian
Dollar |
24.30 |
|
3. |
Canadian
Dollar |
30.30 |
|
4. |
Danish
Kroner |
5.40 |
|
5. |
Deutsche
Mark |
20.50 |
|
6. |
Dutch
Guilder |
18.20 |
|
7. |
EURO |
40.10 |
|
8. |
French
Francs |
6.10 |
|
9. |
Hong
Kong Dollar |
6.00 |
|
10. |
Norwegian
Kroner |
5.05 |
|
11. |
Pound
Sterling |
65.95 |
|
12. |
Swedish
Kroner |
4.45 |
|
13. |
Swiss
Franc |
26.35 |
|
14. |
Singapore
Dollar |
25.95 |
|
15. |
U.S.
Dollar |
46.80 |
SCHEDULE - II
|
S.
NO. |
FOREIGN
CURRENCY |
RATE
OF EXCHANGE OF 100 UNITS OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES |
|
|
|
|
|
(1) |
(2) |
(3) |
|
|
|
|
|
1. |
Belgian
Francs |
99.40 |
|
2. |
Italian
Lira |
2.05 |
|
3. |
Japanese
Yen |
39.00 |
Sd/-
(N.K.Sinha)
Under Secretary to the Govt. of India
**********