Exchange rates for export goods - 27/93 - Customs - Non Tariff

Exchange rates for export goods Notification No. 27/93-Cus. (N.T.) Dated 29-3-1993 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. 21/93-Customs (N.T.), [S.O. No. 144(E)] dated the 2nd 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 April, 1993 be the rate mentioned against it in the corresponding entry in column (3) thereof. SCHEDULE Sl. No. Foreign Currency Rate of Exchange of Foreign Currency equivalent to Rs. 100 (1) (2) (3) 1. Austrian Schillings 37.0400 2. Australian Dollars 4.5200 3. Belgian Francs 108.5000 4. Canadian Dollars 3.9800 5. Danish Kroners 20.1600 6. Deutsche Marks 5.2450 7. Dutch Guilders 5.8950 8. French Francs 17.8275 9. Hong Kong Dollars 24.6900 10. Italian Lire 5131.0000 11. Japanese Yen 372.9000 12. Malaysian Dollars 8.3000 13. Norwegian Kroners 22.3100 14. Pound Sterling 2.1650 15. Swedish Kroners 24.9700 16. Swiss Francs 4.8600 17. U.S. Dollars 3.1925 18. Singapore Dollars 5.2550