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 rates effective from 01.10.2001, as per Notifications No.44/2001-NT-CUS & 45/2001-NT-CUS both dated 25th SEPTEMBER 2001 are as indicated below as far as they relate 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. 44/2001-NT-CUS & 45/2001-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 |
3.20 |
3.15 |
|
2 |
AUSTRALIAN DOLLAR |
23.55 |
23.25 |
|
3 |
CANADIAN DOLLAR |
30.70 |
30.40 |
|
4 |
DANISH KRONER |
5.95 |
5.85 |
|
5 |
DEUTSCHE MARK |
22.55 |
22.30 |
|
6 |
DUTCH GUILDER |
20.05 |
19.80 |
|
7 |
EURO |
44.15 |
43.60 |
|
8 |
FRENCH FRANCS |
6.75 |
6.65 |
|
9 |
HONG KONG DOLLAR |
6.20 |
6.10 |
|
10 |
NORWEGIAN KRONER |
5.60 |
5.50 |
|
11 |
POUND STERLING |
70.20 |
69.50 |
|
12 |
SWEDISH KRONER |
4.45 |
4.40 |
|
13 |
SWISS FRANC |
30.55 |
30.20 |
|
14 |
SINGAPORE DOLLAR |
27.50 |
27.25 |
|
15 |
US DOLLAR |
48.25 |
47.75 |
IN RESPECT OF THE FOLLOWING RATE OF EXCHANGE WILL BE INDIAN RUPEES EQUIVALENT TO 100 UNITS OF FOREIGN CURRENCY:
|
16 |
BELGIAN FRANCS |
109.45 |
108.05 |
|
17 |
ITALIAN LIRA |
2.30 |
2.25 |
|
18 |
JAPANESE YEN |
41.40 |
40.95 |
FOR THE OTHER CURRENCIES DAILY QUOTATIONS GIVEN BY THE STATE BANK OF INDIA WILL APPLY.
(Issue from file S-12/1/2001 Misc Imports)