Exchange Rate effective from 1st October, 2003 Relates to export goods - 081/03 - Customs - Non Tariff

Exchange Rate effective from 1st October, 2003 Relates to export goods 25 th September, 2003 Notification No. 81/2003 - 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 supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.68/2003-NT-Customs, dated the 26 th August, 2003 [S.O.970(E), dated the 26 th August , 2003], 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 October, 2003, 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 30.70 2. Canadian Dollar 33.60 3. Danish Kroner 7.05 4. EURO 52.20 5. Hong Kong Dollar 5.90 6. Norwegian Kroner 6.45 7. Pound Sterling 75.30 8. Swedish Kroner 5.85 9. Swiss Franc 33.60 10. Singapore Dollar 26.30 11. US Dollar 45.65 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 40.70 N.J. Kumaresh Under Secretary to the Government of India F.No.468/11/2003-Cus.V