Exchange rates - 09/90 - Customs - Non Tariff

Exchange rates Notification No. 9/90-Cus. (N.T.) Dated 27-3-1990 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. 76/89-Non-Tariff-Customs, [S.O. 1072(E)], dated the 27th December, 1989, 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 the April, 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 69.70 2. Australian dollars 7.7475 3. Belgian Francs 206.00 4. Canadian Dollars 6.8050 5. Danish Kroners 37.98 6. Deutsche Marks 9.9350 7. Dutch Guilders 11.1850 8. French Francs 33.48 9. Hong Kong Dollars 45.20 10. Italian Lire 7309 11. Japanese Yen 903.00 12. Malaysian Dollars 15.7875 13. Norwegian Kroners 38.40 14. Pound Sterling 3.6220 15. Swedish Kroners 35.82 16. Swiss Francs 8.8025 17. U.S.A. Dollars 5.7875 18. Singapore Dollars 10.90