Exchange rates for export goods — Notification No. 40/2002-Cus. (N.T.) superseded - 049/02 - Customs - Non Tariff

Exchange rates for export goods — Notification No. 40/2002-Cus. (N.T.) superseded 26th July, 2002 Notification No. 49/2002 - Customs (N.T.) In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in supercession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.40/2002-NT-Customs, dated the 26 th June, 2002 [S.O.670(E), dated the 26 th June, 2002], the Board hereby determines for the purposes of said section relating to export goods , that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1 st August, 2002 , 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 rupees (1) (2) (3) 1. Australian Dollar 26.35 2. Canadian Dollar 31.00 3. Danish Kroner 6.50 4. EURO 48.40 5. Hong Kong Dollar 6.20 6. Norwegian Kroner 6.35 7. Pound Sterling 76.40 8. Swedish Kroner 5.10 9. Swiss Franc 33.40 10. Singapore Dollar 27.85 11. US Dollar 48.50 Schedule - II S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees (1) (2) (3) 1. Japanese Yen 41.65 F.No.468/16/2002-Cus.V Sd/- N.J. Kumaresh Under Secretary to the Government of India