Exchange rates for export goods - Amendment to Notification No. 53/98-Cus. (N.T.) - 74/98 - Customs - Non Tariff

Exchange rates for export goods - Amendment to Notification No. 53/98-Cus. (N.T.) Notification No. 74/98-Cus. (N.T.) Dated 17-9-1998 In pursuance of sub-section (2) of section 20 of the Indian Stamp Act, 1899 (2 of 1899) and sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following amendments in the Notification of the Government of India, Ministry of Finance, Department of Revenue, No. 53/98-N.T.-Cus. [S.O. 727 (E)], dated 27th August, 1998 namely :- In the Schedule-I of the said Notification for serial No. 2, 3, 5, 6, 7, 13 15 and Schedule-II of the said notification for serial No. 1 3 the entries relating thereto, the following shall be substituted, namely :- Sl. No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees 2. Australian Dollar 25.10 3. Canadian Dollar 28.10 5. Deutsche Mark 24.90 6. Dutch Guilder 22.10 7. French Franc 7.40 13. Swiss Franc 30.20 15. Singapore Dollar 24.50 SCHEDULE-II Sl. No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees 1. Belgian Francs 120.60 3. Japanese Yen 31.80 This rate will be effective from 18th September, 1998.