Exchange rates - 77/91 - Customs - Non Tariff

Exchange rates Notification No. 77/91-Cus. (N.T.) Dated 27-11-1991 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. 68/91-N.T.-Customs, S.O. 731(E), dated the 28th October, 1991 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 December, 1991 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 42.8500 2. Australian Dollars 4.8600 3. Belgian Francs 125.0000 4. Canadian Dollars 4.3775 5. Danish Kroners 23.7200 6. Deutsche Marks 6.1025 7. Dutch Guilders 6.8775 8. French Francs 20.8700 9. Hong Kong Dollars 29.8200 10. Italian Lire 4617.0000 11. Japanese Yen 493.0000 12. Malaysian Dollars 10.5300 13. Norwegian Kroners 24.0400 14. Pound Sterling 2.1420 15. Swedish Kroners 22.3700 16. Swiss Francs 5.4275 17. U.S. Dollars 3.8475 18. Singapore Dollars 6.3725