Conversion Rates


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

____________________________________________________

3, ASVINA, 1929 (SAKA)

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE & CUSTOMS

********

DATED THE 25TH 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

 

SCHEDULE-II

S.No.

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(1)    

(2)

(3)

1.

Japanese Yen

34.90

         

F.No.468/11/2007-Cus.V

  

(Aseem Kumar)

 



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