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CUSTOMS NOTIFICATION No.13/2001-N.T. Dated 27.3.2001

Customs Exchange rates for Imported 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:-

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

  2. 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 CURRENCYRATE 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 Exchange rates for Imported Goods with effect from the 1st May, 2001 vide Cus Ntf.No.17/2001(NT) dt.25/4/2001)

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