Notification no. 57/2000, Dated 26 Sept 2000

This notification fixes the rate of exchange for the month of October 2000.

 26th September, 2000

Notification No. 57/2000-Customs (N.T.)

            S.O. 888(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.51/2000-NT-Customs, [S.O.773(E)] dated the 28^th August, 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 1^st October, 2000 be the rate mentioned against it in the corresponding entry in column (3) thereof.

SCHEDULE-I

SCHEDULE-II

Sd/-

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

F.No.468/14/2000-Cus.V