PUBLIC NOTICE NO.    02/2004                                          Dated: 29.01.2004

 

            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 February 2004 as per Notifications No.10/2004-NT-CUSTOMS & 11/2004-NT-CUSTOMS both dated 27th January 2004 are as indicated below as far as they relate to IMPORTS & EXPORTS.

 

 

 

                                                                      ADDL. COMMISSIONER OF CUSTOMS

MANGALORE

 

COPY OF THE RATE OF EXCHANGE FOR THE PURPOSE OF CONVERSION OF FOREIGN CURRENCY TO INDIAN CURRENCY AS PER NOTIFICATION 10/2004-NT-CUSTOMS & 11/2004-NT-CUSTOMS.

 

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

35.45

35.10

2

CANADIAN DOLLAR

35.15

34.85

3

DANISH KRONER

7.80

7.70

4

EURO

58.00

57.40

5

HONG KONG DOLLAR

5.85

5.80

6

NORWEGIAN KRONER

6.75

6.65

7

POUND STERLING

84.05

83.30

8

SWEDISH KRONER

6.35

6.30

9

SWISS FRANC

37.00

36.60

10

SINGAPORE DOLLAR

26.90

26.70

11

US DOLLAR

45.55

45.20

 

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

12

JAPANESE YEN

42.95

42.55

 

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

 

(Issued from file S-12/26/2003 Misc.)