Exchange rates for export goods - 20/93 - Customs - Non Tariff

Exchange rates for export goods Notification No. 20/93-Cus. (N. T.) Dated 26-2-1993 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. 10/93-Customs (N.T.), [S.O. No. 84(E)] dated the 29th January, 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 March, 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 38.3960 2. Australian Dollars 4.8525 3. Belgian Francs 112.9000 4. Canadian Dollars 4.2330 5. Danish Kroners 21.0080 6. Deutsche Marks 5.4675 7. Dutch Guilders 6.1500 8. French Francs 18.5455 9. Hong Kong Dollars 26.0380 10. Italian Lire 5319.4000 11. Japanese Yen 394.4800 12. Malaysian Dollars 8.8495 13. Norwegian Kroners 23.2960 14. Pound Sterling 2.3268 15. Swedish Kroners 26.0520 16. Swiss Francs 5.0405 17. U.S. Dollars 3.3665 18. Singapore Dollars 5.5255