Exchange Rates for Export Goods - 40/92 - Customs - Non Tariff

Exchange Rates for Export Goods Notification No. 40/92-Cus. (N.T.) Dated 28-5-1992 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), 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 June, 1992, 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 39.6140 2. Australian Dollars 4.6075 3. Belgian Francs 116.6000 4. Canadian Dollars 4.1965 5. Danish Kroners 21.8580 6. Deutsche Marks 5.6650 7. Dutch Guilders 6.3755 8. French Francs 19.0350 9. Hong Kong Dollars 27.0280 10. Italian Lire 4265.0000 11. Japanese Yen 453.4000 12. Malaysian Dollars 8.8115 13. Norwegian Kroners 22.0780 14. Pound Sterling 1.9238 15. Swedish Kroners 20.3870 16. Swiss Francs 5.2030 17. U.S. Dollars 3.4895 18. Singapore Dollars 5.6940