TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY DATED 
THE 26th MAY, 2000

5, JYAISTHA, 1922 (SAKA) 

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE & CUSTOMS
DATED THE 26th MAY. 2000
5, JYAISTHA, 1922 (SAKA)
NOTIFICATION
NO. 38 /2000-NT-CUSTOMS

S.O.5/9(E) - In exercise of the powers conferred by sub-clause (a) of subsection (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. 25/2000-NT-Customs, [S.0.407(E)] dated the 25th April, 2000 the Central Government hereby determines for the purposes of said section in so far as these relate to export goods, that the rate of exchange of conversation 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 June, 2000 be the rate mentioned against it in me 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.  Austrian Schilling  2.88 
2.  Australian Dollar  25.10 
3.  Canadian Dollar  29.05 
4.  Danish Kroner  5.35 
5.  Deutsche Mark  20.30 
6.  Dutch Guilder  18.00 
7.  EURO  39.70 
8.  French Francs  6.05 
9.  Hong Kong Dollar  5.65 
10.  Norwegian Kroner  4.80 
11.  Pound Sterling  64.80 
12.  Swedish Kroner  4.80 
13.  Swiss Franc  25.50 
14.  Singapore Dollar  25.30 
15.  US Dollar  43.95 
  
SCHEDULE-II
 
S.No.  Foreign Currency  Rate of exchange of 100 units of foreign
currency equivalent to Indian rupees 
1.  Belgian Francs  98.40 
2.  Italian Lira  2.05 
3.  Japanese Yen  40.80 
  
(RAJENDRA SINGH)
UNDER SECRETARY TO THE GOVT. OF INDIA

F.No.468/9/2000-Cus.V 

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