Exchange rates for export goods - 37/93 - Customs - Non Tariff

Exchange rates for export goods Notification No. 37/93-Cus. (N.T.) Dated 28-6-1993 In exercise of the powers conferred by sub-clause (i) of 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. 33/93-Customs (N.T.), [S.O. No. 342 (E)] dated the 28th May, 1993, 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 column (2) of the Schedule below into Indian currency or vice versa shall, with effect from the 1st day of July, 1993 be the rate mentioned against it in the corresponding entry in column (3) thereof. ' SCHEDULE S. No. Foreign currency Rate of exchange of foreign currency equivalent to Rs. 100 (1) (2) (3) 1. Austrian Schillings 38.5300 2. Australian Dollars 4.7775 3. Belgian Francs 112.5000 4. Canadian Dollars 4.1050 5. Danish Kroners 20.9500 6. Deutsche Marks 5.4575 7. Dutch Guilders 6.1225 8. French Francs 18.3900 9. Hong Kong Dollars 24.8300 10. Italian Lire 4934.0000 11. Japanese Yen 347.1000 12. Malaysian Dollars 8.2800 13. Norwegian Kroners 23.0400 14. Pound Sterling 2.1765 15. Swedish Kroners 25.0000 16. Swiss Francs 4.8400 17. U.S. Dollars 3.1975 18. Singapore Dollars 5.2075