25th February, 2003
Notification No.17/2003-Customs -(N.T.)
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.10/2003-NT-Customs, dated the 28th January, 2003 [S.O.95(E), dated the 28th January, 2003], 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 1stMarch, 2003, be the rate mentioned against it in the corresponding entry in column (3) thereof.
Schedule - I
Rate of exchange of one unit of foreign currency equivalent to Indian rupees
Hong Kong Dollar
Schedule - II
Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
Under Secretary to the Government of India
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