OFFICE OF THE COMMISSIONER OF CUSTOMS

NEW CUSTOM HOUSE : PANAMBUR : MANGALORE 575 010

 

PUBLIC NOTICE NO.13/2003                   Dated: 31.03.03

 

     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 have been changed and the rates effective from Sunday the 1st of July 2003 as per Notifications No.24/2003-NT-CUS and 25/2003-NT-CUS dated 26TH March 2003 are as indicated below as far as they relate to IMPORTS and EXPORTS.

 

 

 

 

                         JOINT COMMISSIONER OF CUSTOMS

                                   MANGALORE.

 

COPY OF THE RATE OF EXCHANGE FOR THE PURPOSE OF CONVERSION OF FOREIGN CURRENCY TO INDIAN CURRENCY AS PER NOTIFICATION 24/2003-NT-CUS AND 25/2003-NT-CUS DATED 26TH MARCH 2003

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

SL.NO.

CURRENCY

IMPORT

EXPORT

(1)

(2)

(3)

(4)

1

Australian Dollar

28.55

25.25

2

Canadian Dollar

32.35

32.10

3

Danish Kroner

6.90

6.80

4

EURO

51.20

50.65

5

Hong Kong Dollar

6.15

6.10

6

Norwegian Kroner

6.50

6.45

7

Pound Sterling

75.65

74.95

8

Swedish Kroner

5.55

5.50

9

Swiss Franc

34.70

34.40

10

Singapore Dollar

27.15

26.95

11

US Dollar

47.85

47.50

 

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

12

Japanese Yen

39.90

39.55

 

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