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CUSTOMS NOTIFICATION (No. 48 & 49) N.T. SERIES

NOTIFICATION No. 48/2002-NT-CUSTOMS Dated 26 th July, 2002
Customs Exchange rates for imported goods for August 2002
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.39/2002-NT-Customs, dated the 26 th June, 2002 [S.O.669(E) dated the 26 th June, 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 August, 2002, 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 Australian Dollar 26.6
2 Canadian Dollar 31.25
3 Danish Kroner 6.55
4 EURO 48.90
5 Hong Kong Dollar 6.25
6 Norwegian Kroner 6.40
7 Pound Sterling 77.10
8 Swedish Kroner 5.15
9 Swiss Franc 33.70
10 Singapore Dollar 28.10
11 U.S. Dollar 48.85

SCHEDULE - II

S.No FOREIGN CURRENCY RATE OF EXCHANGE OF 100
UNITS OF FOREIGN CURRENCY
EQUIVALENT TO INDIAN RUPEES
1 Japanese Yen 42.00


Sd/-
(N.J. Kumaresh)
Under Secretary to the Government of India


NOTIFICATION No. 49/2002-NT-CUSTOMS Dated 26 th July, 2002
Customs Exchange rates for Export goods for August 2002

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.40/2002-NT-Customs, dated the 26 th  June, 2002 [S.O.670(E) dated the 26 th June, 2002], the Board hereby determines for the purposes of said section relating to export 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 August, 2002 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 Australian Dollar 26.35
2 Canadian Dollar 31.00
3 Danish Kroner 6.50
4 EURO 48.40
5 Hong Kong Dollar 6.20
6 Norwegian Kroner 6.35
7 Pound Sterling 76.40
8 Swedish Kroner 5.10
9 Swiss Franc 33.40
10 Singapore Dollar 27.85
11 U.S. Dollar 48.50

SCHEDULE - II

S.No FOREIGN CURRENCY RATE OF EXCHANGE OF 100
UNITS OF FOREIGN CURRENCY
EQUIVALENT TO INDIAN RUPEES
1 Japanese Yen 41.65


Sd/-
(N.J. Kumaresh)
Under Secretary to the Government of India

F.No.468/16/2002-Cus. V
Issued by:
Ministry of Finance; Department of Revenue; Central Board of Excise & Customs; New Delhi.