CUSTOMS NOTIFICATION No.13/2001-N.T.    Dated 27.3.2001
Customs Exchange rates for Imported/Export Goods with effect from the 1st April, 2001

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.4/2001-N.T.-Customs, [S.O.159 (E)] dated the 23rd February, 2001 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 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 April, 2001 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.

Austrian Schilling

3.05

2.

Australian Dollar

23.35

3.

Canadian Dollar

30.10

4.

Danish Kroner

5.65

5.

Deutsche Mark

21.50

6.

Dutch Guilder

19.10

7.

EURO

42.05

8.

French Francs

6.40

9.

Hong Kong Dollar

6.00

10.

Norwegian Kroner

5.20

11.

Pound Sterling

67.30

12.

Swedish Kroner

4.60

13.

Swiss Franc

27.35

14.

Singapore Dollar

26.20

15.

U.S. Dollar

46.85

                                                                                                                                                                            

SCHEDULE - II

S. NO.

FOREIGN CURRENCY

RATE  OF EXCHANGE OF 100 UNITS OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES

 

 

(1)

          (2)

                        (3)

 

 

1.

Belgian  Francs

104.30

2.

Italian Lira

2.17

3.

Japanese Yen

38.20

 

 

 Sd/-
(Rimjhim Prasad)
Under Secretary to the Govt. of India

CUSTOMS NOTIFICATION No. 14/2001-N.T.  dated 27.3.2001

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.5/2001-N.T.-Customs,      [S.O.160(E)] dated the 23rd February, 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 April, 2001 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.

Austrian Schilling

3.00

2.

Australian Dollar

23.10

3.

Canadian Dollar

29.85

4.

Danish Kroner

5.60

5.

Deutsche Mark

21.25

6.

Dutch Guilder

18.90

7.

EURO

41.60

8.

French Francs

6.35

9.

Hong Kong Dollar

5.95

10.

Norwegian Kroner

5.15

11.

Pound Sterling

66.70

12.

Swedish Kroner

4.55

13.

Swiss Franc

27.10

14.

Singapore Dollar

25.95

15.

U.S. Dollar

46.50

                                                                                              

SCHEDULE - II

S. NO.

FOREIGN CURRENCY

RATE  OF EXCHANGE OF 100 UNITS OF FOREIGN CURRENCY EQUIVALENT TO INDIAN RUPEES

 

 

(1)

          (2)

                        (3)

 

 

1.

Belgian  Francs

103.15

2.

Italian Lira

2.14

3.

Japanese Yen

37.85

Sd/-
(Rimjhim Prasad)
Under Secretary to the Govt. of India

 

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