PUBLIC NOTICE NO. 32/2004                                         Dated: 29.07.2004

 

            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 Sunday the 1st of August 2004 as per Notifications No.90/2004-CUSTOMS(NT) and 91/2004-CUSTOMS(NT) both dated 27th July 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 90/2004-CUSTOMS(NT) & 91/2004-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

33.10

32.75

2

CANADIAN DOLLAR

35.25

34.95

3

DANISH KRONER

7.60

7.50

4

EURO

56.45

55.90

5

HONG KONG DOLLAR

5.95

5.90

6

NORWEGIAN KRONER

6.65

6.55

7

POUND STERLING

85.40

84.65

8

SWEDISH KRONER

6.15

6.05

9

SWISS FRANC

36.85

36.45

10

SINGAPORE DOLLAR

27.00

26.75

11

US DOLLAR

46.50

46.10

 

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

12

JAPANESE YEN

42.45

42.05

 

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

 

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