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Customs Notification (NT) No.68/2002(NT) Date 28/10/2002
Exchange Rate effective from 1st November, 2002 Relates to export Goods

S.O. (E) ñ 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 supercession of the notification of the Government of India in the Ministry of Finance & Company Affairs (Department of Revenue) No.62/2002-NT-Customs, dated the 25th September, 2002 [S.O.1037(E), dated the 25th September, 2002], 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 1st November, 2002, 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 26.75
2. Canadian Dollar 30.75
3. Danish Kroner 6.35
4. EURO 47.15
5. Hong Kong Dollar 6.20
6. Norwegian Kroner 6.40
7. Pound Sterling 74.95
8. Swedish Kroner 5.15
9. Swiss Franc 32.10
10. Singapore Dollar 27.15
11. US Dollar 48.20

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 38.90


Sd/-
(N.J. KUMARESH)
Under Secretary to the Government of India

F.No.468/19/2002-Cus.V