[PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II SECTION 3, SUB-SECTION (I)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

25Th April, 2001

Notification No. 18/2001-Customs (N.T.)

In exercise of the powers conferred by sub-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. 14/2001-NT-Customs, [S.O.279(E)] dated the 27th March, 2001 the Central Government hereby determines for the purposes of said section in so far as these relate to export goods, that the rate of exchange of conversion of each of the foreign currency specified in the column (2) of Schedule I and Schedule II appended hereto into Indian Currency or vice versa shall, with effect from the 1st May, 2001 be the rate mentioned against it in the corresponding entry in column (3) thereof:-

 SCHEDULE-I

Sr.No.

Foreign Currency

Rate of Exchange of one unit of Foreign Currency equivalent to Indian Rupees

(1)

(2)

(3)

1.

Austrian Schilling

3.03

2. Australian Dollar 23.60
3. Canadian Dollar 30.15
4. Danish Kroner 5.60

5.

Deutsche Mark

21.40

6.

Dutch Guilder

18.95

7.

EURO

41.80

8.

French Francs

6.35

9.

Hong Kong Dollar

6.00

10.

Norwegian Kroner

5.15

11.

Pound Sterling

67.15

12.

Swedish Kroner

4.55

13.

Swiss Franc

27.35

14.

Singapore Dollar

25.75

15.

US Dollar

46.65

SCHEDULE-II

Sr.No. Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

1.

Belgian Francs

103.65

2.

Italian Lira

2.15

3.

Japanese Yen

38.35

(RIMJHIM PRASAD)

UNDER SECRETARY TO THE GOVT. OF INDIA

F.No.468/6/2001-Cus.V

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