Exchange rates for imported goods — Notification No. 48/2002-Cus. (N.T.) superseded - 057/02 - Customs - Non Tariff

Exchange rates for imported goods — Notification No. 48/2002-Cus. (N.T.) superseded 26th August, 2002 Notification No.57/2002-Customs (N.T.) In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of Customs Act, 1962 (52 of 1962) and in supercession of the notification of the Government of India in the Ministry of Finance Company Affairs (Department of Revenue) No.48/2002-NT-Customs, dated the 26th July, 2002 [S.O.797(E) dated the 26th July, 2002], the Board hereby determines for the purposes of said section, relating to imported 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 1st September, 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 31.20 3. Danish Kroner 6.35 4. EURO 47.20 5. Hong Kong Dollar 6.25 6. Norwegian Kroner 6.35 7. Pound Sterling 74.05 8. Swedish Kroner 5.15 9. Swiss Franc 32.00 10. Singapore Dollar 27.70 11. US Dollar 48.70 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 40.55 N.J. Kumaresh nder Secretary to the Government of India F.No.468/17/2002-Cus.V