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TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY DATED THE 28TH OCTOBER, 2003 ___________________________________________________________

6, KARTIKA, 1925 (SAKA)

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE & CUSTOMS

********

DATED THE 28TH OCTOBER, 2003

6, KARTIKA, 1925 (SAKA)

NOTIFICATION

NO.91/2003-NT-CUSTOMS

S.O. (E) – 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 supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.81/2003-NT-Customs, dated the 25th September, 2003 [S.O.1103(E), dated the 25th September, 2003], 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, 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

31.60

2.

Canadian Dollar

34.45

3.

Danish Kroner

7.15

 

S.No

Foreign Currency

(Exports)

(1)

(2)

(3)

4.

EURO

52.90

5.

Hong Kong Dollar

5.80

6.

Norwegian Kroner

6.40

7.

Pound Sterling

76.35

8.

Swedish Kroner

5.80

9.

Swiss Franc

34.20

10.

Singapore Dollar

25.90

11.

US Dollar

45.15

 

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

41.45

F.No.468/12/2003-Cus.V

Sd/-

(V. Kezo)

Under Secretary to the Government of India