Exchange rates - 61/90 - Customs - Non Tariff

Exchange rates Notification No. 61/90-Cus. (N.T.) Dated 28-9-1990 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. 38/90-Non-Tariff-Customs, [S.0.513 (F)], dated the 27th June, 1990, the Central Government hereby:- (a) prescribes for the purposes of calculating stamp duty under the Indian Stamp Act, 1899 (2 of 1899), and (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 October, 1990, 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 60.4000 2. Australian Dollars 6.6075 3. Belgian Francs 178.0000 4. Canadian Dollars 6.3500 5. Danish Kroners 33.0500 6. Deutsche Marks 8.6650 7. Dutch Guilders 9.7650 8. French Francs 28.9800 9. Hong Kong Dollars 42.8000 10. Italian Lire 6472.00 11. Japanese Yen 754.5000 12. Malaysian Dollars 14.9025 13. Norwegian Kroners 33.5100 14. Pound Sterling 2.9510 15. Swedish Kroners 31.8000 16. Swiss Francs 7.1925 17. U.S.A. Dollars 5.5175 18. Singapore Dollars 9.7325