Exchange rates for export goods - 31/93 - Customs - Non Tariff

Exchange rates for export goods Notification No. 31/93-Cus. (N.T.) Dated 27-4-1993 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. 27/93-Customs (N.T.), [S.O. No. 212 (E)], dated the 29th March, 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 May, 1993 be the rate mentioned against it in the corresponding entry in column (3) thereof. SCHEDULE Sl. No. Foreign currency Rate of Exchange of currency equivalent to Rs. 100 (1) (2) (3) 1. Austrian Schillings 35.6600 2. Australian Dollars 4.4650 3. Belgian Francs 104.0000 4. Candian Dollars 4.0275 5. Danish Kroners 19.3275 6. Deutsche Marks 5.0350 7. Dutch Guilders 5.6550 8. French Francs 17.0000 9. Hong Kong Dollars 24.7100 10. Italian Lire 4749.0000 11. Japanese Yen 353.4000 12. Malaysian Dollars 8.2100 13. Norwegian Kroners 21.2700 14. Pound Sterling 2.0220 15. Swedish Kroners 23.0800 16. Swiss Francs 4.5600 17. U.S. Dollars 3.1975 18. Singapore Dollars 5.1675