Notification no. 51/2000, Dated 28 Aug 2000

This notification prescribes the exchange rate for the month of September, 2000 for imported goods

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE & CUSTOMS

 

Dated  28/8/2000
6, BHADRAPADA, 1922 (SAKA)

NOTIFICATION
NO. 51/2000-NT-CUSTOMS

S.O. 773(E) – 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.47/2000-NT-Customs, [S.O.697(E)] dated the 26th July, 2000 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 September, 2000 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 CURRNCY EQUIVALENT TO INDIAN RUPEES

(1)

(2)

(3)

1.

Austrian Schilling

3.02

2.

Australian Dollar

26.45

3.

Canadian Dollar

31.10

4.

Danish Kroner

5.55

5.

Deutsche Mark

21.25

6.

Dutch Guilder

18.85

7.

EURO

41.60

8.

French Francs

6.35

9.

Hong Kong Dollar

5.90

10.

Norwegian Kroner

5.10

11.

Pound Sterling

68.30

12.

Swedish Kroner

4.95

13.

Swiss Franc

26.90

14.

Singapore Dollar

26.85

15.

US Dollar

46.15

SCHEDULE-II

S.No.Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

1.

Belgian Francs

103.05

2.

Italian Lira

2.15

3.

Japanese Yen

43.20

 

(RAJENDRA SINGH)
UNDER SECRETARY TO THE GOVT. OF INDIA

F.No.468/13/2000-Cus.V

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