Exchange rates - 17/92 - Customs - Non Tariff

Exchange rates Notification No. 17/92-Cus. (N.T.) Dated 26-2-1992 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. 7/92-Customs (N.T.), S.O. 83(E), dated the 28th January, 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), 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, 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 44.2000 2. Australian Dollars 5.1150 3. Belgian Francs 130.5000 4. Canadian Dollars 4.5475 5. Danish Kroners 24.6800 6. Deutsche Marks 6.3650 7. Dutch Guilders 7.1675 8. French Francs 21.6500 9. Hong Kong Dollars 29.8400 10. Italian Lire 4779.0000 11. Japanese Yen 498.5000 12. Malaysian Dollars 9.9675 13. Norwegian Kroners 24.9600 14. Pound Sterling 2.2115 15. Swedish Kroners 23.0800 16. Swiss Francs 5.7800 17. U.S. Dollars 3.8450 18. Singapore Dollars 6.3250