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CUSTOMS NOTIFICATION
 NO. 82/2002-NT DATED 26.12.2002
Exchange Rate effective from 1st January, 2002 Relates to export 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 the 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.75/2002-NT-Customs, dated the 26th November, 2002 [S.O.1235(E), dated  the 26th November, 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 1st January, 2003, 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

26.90

2.

Canadian Dollar

30.85

3.

Danish Kroner

6.60

                          

 

S.No

Foreign Currency

(Exports)

(1)

(2)

(3)

4.

EURO

49.00

5.

Hong Kong Dollar

6.15

6.

Norwegian Kroner

6.75

7.

Pound Sterling

76.05

8.

Swedish Kroner

5.35

9.

Swiss Franc

33.65

10.

Singapore Dollar

27.50

11.

US Dollar

47.85

 

 

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

39.70

 

F.No.468/22/2002-Cus.V

 

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