Exchange rate notification for exported goods - 056/01 - Customs - Non Tariff

Exchange rate notification for exported goods 25 th October, 2001 Notification No. 56/2001 - Customs (N.T.) In exercise of the powers conferred by sub-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.45/2001-NT-Customs, [S.O.942(E)] dated the 25 th September, 2001 the Central Government hereby determines for the purposes of said section in so far as these relate to export goods, that the rate of exchange of conversion of each of the foreign currency specified in the column (2) of Schedule I and Schedule II appended hereto into Indian Currency or vice versa shall, with effect from the 1 st November, 2001 be the rate mentioned against it in the corresponding entry in column (3) thereof:- Schedule - I S.No. Foreign Currency Rate of Exchange of One Unit of Foreign Currency Equivalent to Indian Rupee (1) (2) (3) 1. Austrian Schilling 3.10 2. Australian Dollar 24.35 3. Canadian Dollar 30.30 4. Danish Kroner 5.75 5. Deutsche Mark 21.80 6. Dutch Guilder 19.35 7. EURO 42.60 8. French Francs 6.50 9. Hong Kong Dollar 6.15 10. Norwegian Kroner 5.35 11. Pound Sterling 68.15 12. Swedish Kroner 4.50 13. Swiss Franc 28.80 14. Singapore Dollar 26.20 15. US Dollar 47.85 Schedule - II S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees 1. Belgian Francs 105.65 2. Italian Lira 2.20 3. Japanese Yen 39.05 Rajendra Singh Under Secretary to the Government of India F.No.468/13/2001-Cus.V