OFFICE OF THE COMMISSIONER OF CUSTOMS : NEW CUSTOM HOUSE : PANAMBUR : MANGALORE-10

PUBLIC NOTICE NO. 17/2002 Dated: 26.02.2002

Trade and Custom House Agents are hereby informed that the rate of exchange applicable for the purpose of value under section 14 of the Customs Act, 1962 have been changed and the rates effective from Friday the 1st March, 2002 as per Notifications No.9/2002-NT-CUS & 10/2002-NT-CUS both dated 25th February 2002 are as indicated below as far as they relate to IMPORTS & EXPORTS.

 

COMMISSIONER OF CUSTOMS
MANGALORE

COPY OF THE RATE OF EXCHANGE FOR THE PURPOSE OF CONVERSION OF FOREIGN CURRENCY TO INDIAN CURRENCY AS PER NOTIFICATION 9/2002-NT-CUS & 10/2002-NT-CUS

INDIAN RUPEES EQUIVALENT TO ONE UNIT OF FOREIGN CURRENCY WILL BE AS FOLLOWS:

SL.NO.

CURRENCY

IMPORT

EXPORT

1

2

3

4

1

AUSTRALIAN DOLLAR

25.15

24.90

2

CANADIAN DOLLAR

30.70

30.45

3

DANISH KRONER

5.70

5.65

4

EURO

42.60

42.10

5

HONG KONG DOLLAR

6.25

6.20

6

NORWEGIAN KRONER

5.50

5.45

7

POUND STERLING

69.75

69.10

8

SWEDISH KRONER

4.65

4.60

9

SWISS FRANC

28.75

28.50

10

SINGAPORE DOLLAR

26.70

26.45

11

US DOLLAR

48.85

48.50

IN RESPECT OF THE FOLLOWING RATE OF EXCHANGE WILL BE INDIAN RUPEES EQUIVALENT TO 100 UNITS OF FOREIGN CURRENCY:

12

JAPANESE YEN

36.45

36.15

FOR THE OTHER CURRENCIES DAILY QUOTATIONS GIVEN BY THE STATE BANK OF INDIA WILL APPLY.

(Issue from file S-12/14/2002 Misc. Imports)