28th March, 2005

Notification No.24/2005-Customs (N.T.)

 

          In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (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.18/2005-NT-Customs, dated the 23rd February, 2005 [S.O.247(E), dated  the 23rd February, 2005], the Board hereby determines for the purposes of said section relating to export goods, that the rate of exchange of  conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st April, 2005, be the rate mentioned against it in the 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.

Australian Dollar

33.70

2.

Canadian Dollar

35.80

3.

Danish Kroner

7.60

4. EURO 56.70
5. Hong Kong Dollar 5.60
6. Norwegian Kroner 6.90
7. Pound Sterling 81.70
8. Swedish Kroner 6.20
9. Swiss Franc 36.50
10. Singapore Dollar 26.55
11. US Dollar 43.70

                                        

 

 

 Schedule-II
 

S.No.

Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

1.

Japanese Yen

41.10

 

F.No.468/7/2005-Cus.V

 

Sd/-

S.P. Rao

Under Secretary to the Government of India