Exchange Rate effective from 1st December, 2003 Related to Export goods - 103/03 - Customs - Non Tariff

Exchange Rate effective from 1st December, 2003 Related to Export goods 24 th November, 2003 Notification No. 103/2003 - Customs (N.T.) In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of 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.90/2003-NT-Customs, dated the 28 th October, 2003 [S.O.1238(E) dated the 28 th October, 2003], 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 1 st December, 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 33.25 2. Canadian Dollar 35.30 3. Danish Kroner 7.35 4. EURO 54.80 5. Hong Kong Dollar 5.95 6. Norwegian Kroner 6.70 7. Pound Sterling 78.35 8. Swedish Kroner 6.10 9. Swiss Franc 35.45 10. Singapore Dollar 26.75 11. US Dollar 46.00 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 42.20 F.No.468/14/2003-Cus.V N.J. Kumaresh Under Secretary to the Government of India