Exchange rates for Imported goods - 22/92 - Customs - Non Tariff

Exchange rates for Imported goods Notification No. 22/92-Cus. (N.T.) Dated 6-3-1992 In exercise of the powers conferred by sub-section (2) of section 20 of the Indian Stamp Act, 1899 (2 of 1899) and 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. 20/92-Customs (N.T.), [S.O. 176(E)] dated the 3rd March, 1992, the Central Government hereby - (a) prescribes for the purposes of calculating stamp duty under the Indian Stamp Act, 1899 (2 of 1899), (b) determines for the purposes of section 14, of the Customs Act, 1962 (52 of 1962) insofar as these relate to imported 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 9th day of March, 1992, 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 39.9500 2. Australian Dollars 4.5200 3. Belgian Francs 117.0000 4. Canadian Dollars 4.0500 5. Danish Kroners 22.1000 6. Deutsche Marks 5.7025 7. Dutch Guilders 6.4150 8. French Francs 19.3750 9. Hong Kong Dollars 26.4700 10. Italian Lire 4268.0000 11. Japanese Yen 448.5000 12. Malaysian Dollars 8.7600 13. Norwegian Kroners 22.3400 14. Pound Sterling 1.9870 15. Swedish Kroners 20.6600 16. Swiss Francs 5.2000 17. U.S. Dollars 3.4150 18. Singapore Dollars 5.6500