PUBLIC NOTICE NO.  28/2004                                          Dated: 28.05.2004

 

            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 Tuesday the 1st of June 2004 as per Notifications No.71/2004-CUSTOMS(NT) and 72/2004-CUSTOMS(NT) both dated 26th May 2004 are as indicated below as far as they relate to IMPORTS & EXPORTS.

 

 

                                                                      ADDL. COMMISSIONER OF CUSTOMS

MANGALORE

 

COPY OF THE RATE OF EXCHANGE FOR THE PURPOSE OF CONVERSION OF FOREIGN CURRENCY TO INDIAN CURRENCY AS PER NOTIFICATION 71/2004-CUSTOMS(NT) & 72/2004-CUSTOMS(NT).

 

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

31.85

31.50

2

CANADIAN DOLLAR

33.15

32.85

3

DANISH KRONER

7.35

7.30

4

EURO

54.70

54.15

5

HONG KONG DOLLAR

5.85

5.80

6

NORWEGIAN KRONER

6.65

6.60

7

POUND STERLING

81.55

80.80

8

SWEDISH KRONER

6.00

5.95

9

SWISS FRANC

35.65

35.25

10

SINGAPORE DOLLAR

26.45

26.20

11

US DOLLAR

45.45

45.10

 

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

12

JAPANESE YEN

40.25

39.85

 

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

 

(Issued from file S-12/26/2003 Misc.)