Notification No. 64/2001, Dated 26 Dec 2001

26th December, 2001

Notification No. 64/2001 Customs (N.T.)

            In exercise of the powers conferred by sub-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 (Department of Revenue) No.59/2001-NT-Customs, [S.O.1170(E)] dated the 26th November, 2001 the Central Government hereby determines for the purposes of said section in so far as these relate to export 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 January, 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.

Austrian Schilling

3.05

2.

Australian Dollar

24.25

3.

Canadian Dollar

30.05

4.

Danish Kroner

5.70

5.

Deutsche Mark

21.60

6.

Dutch Guilder

19.15

7.

EURO

42.25

8.

French Francs

6.45

9.

Hong Kong Dollar

6.10

10.

Norwegian Kroner

5.30

11.

Pound Sterling

68.65

12.

Swedish Kroner

4.45

13.

Swiss Franc

28.85

14.

Singapore Dollar

25.95

15.

US Dollar

47.70

Schedule-II

S.No.

Foreign Currency

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

1.

Belgian Francs

104.75

2.

Italian Lira

2.18

3.

Japanese Yen

36.80

Rimjhim Prasad
Under Secretary To The Govt. Of India

F.No.468/16/2001-Cus.V

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