Customs Exchange rates for Import and Export Goods with effect from the 1st October, 2001
CUSTOMS NOTIFICATION No. 44/2001-N.T.Dated 25th
September, 2001
Customs Exchange rates for Imported Goods with effect from the 1st October,
2001
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.38/2001-N.T.-Customs, [S.O.830 (E)] dated the
28th August, 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 October, 2001 be
the rate mentioned against it in the corresponding entry in column (3) thereof.
SCHEDULE - I
(1)
(2)
(3)
Sl.no Foreign Currency
Rate of Exchange
1. Austrian Schilling ---------- -----
3.20
2. Australian Dollar ----------- ---- 23.55
3. Canadian Dollar -------------- ----- 30.70
4. Danish Kroner ----------------- ----- 5.95
5. Deutsche Mark ----------------- --- 22.55
6. Dutch Guilder ---------------------- 20.05
7. EURO -------------------- - -
44.15
8. French Francs ---------------------- 6.75
9. Hong Kong Dollar ------------ --- 6.20
10. Norwegian Kroner --------- ------ 5.60
11. Pound Sterling ------------------- 70.20
12. Swedish Kroner ------------------ 4.45
13. Swiss Franc --------------------- 30.55
14. Singapore Dollar ------------ --- 27.50
15. U.S. Dollar ---------------------- 48.25
SCHEDULE - II
(1) (2)
(3)
Sl.no Foreign Currency
Rate of Exchange
1. Belgian Francs ---------------------- 109.45
2. Italian Lira ------------------ ---- 2.30
3. Japanese Yen --------------- ------- 41.40
Sd/-
(Rimjhim Prasad)
Under Secretary to the Govt. of India
CUSTOMS NOTIFICATION No. 45/2001-N.T. Dated 25th
September, 2001
Customs Exchange Rate for Exported Goods with effect from the 1st October, 2001
In exercise of the powers conferred by sub-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.39/2001-N.T.-Customs, [S.O.831 (E)] dated the 28th August, 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 October, 2001 be the rate mentioned against it in the
corresponding entry in column (3) thereof:-
SCHEDULE - I
(1) (2)
(3)
Sl.no Foreign Currency
Rate of Exchange
1. Austrian Schilling -----------
--- 3.15
2. Australian Dollar ----------
----- 23.25
3. Canadian Dollar ------------ --------- 30.40
4. Danish Kroner -------------- -------- 5.85
5. Deutsche Mark ---------------- ------ 22.30
6. Dutch Guilder ------------------ ---- 19.80
7. EURO ------------------ ----
43.60
8. French Francs ---------------------- 6.65
9. Hong Kong Dollar ---------------
6.10
10. Norwegian Kroner --------------
5.50
11. Pound Sterling ---------------------- 69.50
12. Swedish Kroner --------------------- 4.40
13. Swiss Franc ---------------------- 30.20
14. Singapore Dollar ---------------
27.25
15. U.S. Dollar ----------------- ----- 47.75
SCHEDULE - II
(1) (2)
(3)
Sl.no Foreign Currency
Rate of Exchange
1. Belgian Francs ---------------------- 108.05
2. Italian Lira ----------------
------ 2.25
3. Japanese Yen ------------- --------- 40.95
Sd/-
(Rimjhim Prasad)
Under Secretary to the Govt. of India