Exchange rates for export goods - Notification No. 49/99-Cus. (N.T.) - 57/99 - Customs - Non Tariff

Exchange rates for export goods - Notification No. 49/99-Cus. (N.T.) Notification No. 57/99-Cus. (N.T.) Dated 27-9-1999 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. 49/99-N.T.-Customs, [S.O. 687 (E)], dated the 26th August, 1999 the Central Government, hereby determines for the purposes of said section insofar as these relate to export goods, that the rate of exchange of conversation 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 October, 1999 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 3.30 2. Australian Dollar 28.10 3. Canadian Dollar 29.45 4. Danish Kroner 6.15 5. Deutsche Mark 23.30 6. Dutch Guilder 20.65 7. EURO 45.55 8. French Francs 6.95 9. Hong Kong Dollar 5.60 10. Norwegian Kroner 5.55 11. Pound Sterling 71.30 12. Swedish Kroner 5.30 13. Swiss Franc 28.50 14. Singapore Dollar 25.40 15. US Dollar 43.40 SCHEDULE - II S. No. Foreign currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees 1. Belgian Francs 112.95 2. Italian Lira 2.35 3. Japanese Yen 41.40