Exchange Rates for import of goods for November, 2000

Notification No. 65/2000 (N.T.)

25th October, 2000

  S.O. (E) – In exercise of the powers conferred by sub-section (2) of Section 20 of the Indian Stamp Act, 1899 (2 of 1899) and 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. 57/2000-NT-Customs, [S.O.888(E)] dated the 26th September, 2000 the Central Government, hereby:-

a.     prescribes for the purpose of calculating stamp duty under the Indian Stamp Act, 1899 (2 of 1899),

b.    determines for the purposes of section 14 of the Customs Act, 1962 (52 of 1962) in so far as these relate to imported goods.

that the rate of exchange of conversation 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 November, 2000 be the rate mentioned against it in the corresponding entry in column (3) thereof.

Schedule-I

Sl. No.

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian Rupees

(1)

(2)

(3)

1.

Austrian Schilling

2.85

2.

Australian Dollar

24.60

3.

Canadian Dollar

30.90

4.

Danish Kroner

5.25

5.

Deutsche Mark

19.95

6.

Dutch Guilder

17.70

7.

EURO

39.05

8.

French Francs

5.95

9.

Hong Kong Dollar

6.00

10.

Norwegian Kroner

4.90

11.

Pound Sterling

67.85

12.

Swedish Kroner

4.60

13.

Swiss Franc

26.00

14.

Singapore Dollar

26.55

15.

U.S. Dollar

46.60

Schedule-II

Sl. No.

Foreign Currency

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

(1)

(2)

(3)

1.

Belgian Francs

96.80

2.

Italian Lira

2.01

3.

Japanese Yen

43.05

 Sd/-

Rajendra Singh
Under Secretary to the Government of India

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