Conversion Rates

Last updated: 27 September 2007

TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY DATED THE 25^TH SEPTEMBER, 2007

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3, ASVINA, 1929 (SAKA)

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE & CUSTOMS

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DATED THE 25^TH SEPTEMBER, 2007

3, ASVINA, 1929 (SAKA)

NOTIFICATION NO.99/2007 - CUSTOMS (N.T.)

S.O. (E) – In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of 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.88/2007-NT-Customs, dated the 29th August, 2007 [S.O.1474(E) dated the 29th August, 2007], the Board hereby determines for the purposes of said section, relating to imported 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 October, 2007 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	34.85
2.	Canadian Dollar	40.25
3.	Danish Kroner	7.60
4.	EURO	56.60
5.	Hong Kong Dollar	5.15
6.	Norwegian Kroner	7.30
7.	Pound Sterling	81.20
8.	Swedish Kroner	6.15
9.	Swiss Franc	34.30
10.	Singapore Dollar	26.70
11.	US Dollar	40.05