Rates of exchange - 435/86 - Customs -Tariff

Rates of exchange Notification No. 435/86-Cus. Dated 26-9-1986 In pursuance of sub-clause (a) of clause (1) 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. 374/86-Customs [G.S.R. No. 917(E)], dated the 27th June, 1986, the Central Government hereby determines that, for the purposes of section 14 of the said Act, 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 October, 1986, be the rate mentioned against it in the corresponding entry in column (3) thereof. THE SCHEDULE S. No. Foreign Currency Rate of Exchange of foreign currency equivalent to Rs. 100/- (1) (2) (3) 1. Austrian Schillings 111.3 2. Australian Dollars 12.375 3. Belgian Francs 329.5 4. Canadian Dollars 10.815 5. Danish Kroners 60.10 6. Deutsche Marks 15.925 7. Dutch Guilders 17.960 8. French Francs 52.15 9. Hong Kong Dollars 60.75 10. Italian Lire 10983 11. Japanese Yen 1201 12. Malaysian Dollars 20.41 13. Norweigian Kroners 57.40 14. Pound Sterling 5.3855 15. Swedish Kroners 54.05 16. Swiss Francs 12.895 17. U.S.A. Dollars 7.790 18. Singapore Dollars 16.925