Home Notifications 1988 Customs Customs - 1988 Customs - Non Tariff Exchange Rate This
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Rate of exchange - 41/88 - Customs - Non TariffExtract Rate of exchange Notification No. 41/88-Cus. (N.T.) Dated 8-6-1988 In pursuance of 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. 378-Customs [G.S.R. No. 997(E)], dated the 21st December, 1987 the Central Government hereby determines that for the purpose of section 14 of the said Act, the rate of exchange for conversion of one Russian Rouble into Indian currency or vice versa, shall be rupees 16.3924. This rate will be effective from Wednesday, the 8th June, 1988.
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