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Customs Notification No.74/2002 (NT) Dated 26/11/2002
Exchange Rate effective from 1st December, 2002 Relates to Imported Goods

S.O. (E) – 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 supercession of the notification of the Government of India in the Ministry of Finance & Company Affairs (Department of Revenue) No.67/2002-NT-Customs, dated the 28th October, 2002 [S.O.1132(E) dated the 28th October, 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 1st December, 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) (2) (3)
1. Australian Dollar 27.30
2. Canadian Dollar 30.70
3. Danish Kroner 6.50
4. EURO 48.20
5. Hong Kong Dollar 6.20
6. Norwegian Kroner 6.60
7. Pound Sterling 76.30
8. Swedish Kroner 5.35
9. Swiss Franc 32.70
10. Singapore Dollar 27.30
11. US Dollar 48.40

SCHEDULE-II

S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1) (2) (3)
1. Japanese Yen 39.45


F.No.468/21/2002-Cus.V
 

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