Exchange rates for export goods — Notification No. 58/2000-Cus. (N.T.) superseded - 066/2000 - Customs - Non Tariff

Exchange rates for export goods — Notification No. 58/2000-Cus. (N.T.) superseded Notification No. 66/2000-Cus. (N.T.), dated 25-10-2000 In exercise of the powers conferred by sub-clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supersession of the Notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 58/2000-NT-Customs, [S.O. 889 (E)], dated the 26th September, 2000 the Central Government hereby determines for the purposes of said section insofar as these relate to export goods , that the rate of exchange of conversion of each of the foreign currency specified in the column (2) of Schedule I and Schedule II appended hereto into Indian Currency or vice versa shall, with effect from the 1st November, 2000 be the rate mentioned against it in the corresponding entry in column (3) thereof :- SCHEDULE - I S. No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees (1) (2) (3) 1. Austrian Schilling 2.80 2. Australian Dollar 24.35 3. Canadian Dollar 30.60 4. Danish Kroner 5.20 5. Deutsche Mark 19.75 6. Dutch Guilder 17.50 7. EURO 38.60 8. French Francs 5.90 9. Hong Kong Dollar 5.95 10. Norwegian Kroner 4.85 11. Pound Sterling 67.25 12. Swedish Kroner 4.55 13. Swiss Franc 25.75 14. Singapore Dollar 26.35 15. US Dollar 46.25 SCHEDULE - II S. No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees 1. Belgian Francs 95.75 2. Italian Lira 1.99 3. Japanese Yen 42.65 [Notification No. 66/2000-Cus. (N.T.), dated 25-10-2000]