OFFICE OF THE COMMISSIONER OF CUSTOMS :

NEW CUSTOM HOUSE : PANAMBUR : MANGALORE-10

                     PUBLIC NOTICE NO.  12/2001                                           Dated: 30.04.2001

             Trade and Custom House Agents are hereby informed that the rate of exchange applicable for the purpose of value under section 14 of the Customs Act, 1962 has been changed and the rate to be effected from 01.05.2001,TUESDAY (THE 1ST MAY 2001) as per Notifications No.17/2001-NT-CUS & 18/2001-NT-CUS  both dated 25th April 2001 is indicated below in as far as it relates to IMPORTS & EXPORTS.

                                                               COMMISSIONER OF CUSTOMS

                                                                         MANGALORE

 COPY OF THE RATE OF EXCHANGE FOR THE PURPOSE OF CONVERSION OF FOREIGN CURRENCY TO INDIAN CURRENCY AS PER NOTIFICATION No. 17/2001-NT-CUS & 18/2001-NT-CUS.  

INDIAN RUPEES EQUIVALENT TO ONE UNIT OF FOREIGN CURRENCY WILL BE AS FOLLOWS:

SL.NO.

CURRENCY

IMPORT

EXPORT

1

2

3

4

1

AUSTRIAN SCHILLING

3.07

3.03

2

AUSTRALIAN DOLLAR

23.85

23.60

3

CANADIAN DOLLAR

30.40

30.15

4

DANISH KRONER

5.65

5.60

5

DEUTSCHE MARK

21.60

21.40

6

DUTCH GUILDER

19.20

18.95

7

EURO

42.30

41.80

8

FRENCH FRANCS

6.45

6.35

9

HONGKONG DOLLAR

6.05

6.00

10

NORWEGIAN KRONER

5.20

5.15

11

POUND STERLING

67.75

67.15

12

SWEDISH KRONER

4.60

4.55

13

SWISS FRANC

27.60

27.35

14

SINGAPORE DOLLAR

26.00

25.75

15

US DOLLAR

47.05

46.65

IN RESPECT OF THE FOLLOWING RATE OF EXCHANGE WILL BE INDIAN RUPEES EQUIVALENT TO 100 UNITS OF FOREIGN CURRENCY:

16

BELGIAN FRANCS

104.80

103.65

17

ITALIAN LIRA

2.20

2.15

18

JAPANESE YEN

38.70

38.35

 FOR THE OTHER CURRENCIES DAILY QUOTATIONS GIVEN BY THE STATE BANK OF INDIA WILL APPLY.

(Issue from file S-12/1/2001 Misc Imports)