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.149/2004-NT-Customs, dated the 28th December, 2004 [S.O.1420(E), dated the 28th December, 2004], 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 February, 2005.
Notification No.9/2005-Custom (N.T.) 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.148/2004-NT-Customs, dated the 28th December, 2004 [S.O.1419 (E) dated the 28th December, 2004]
amendments stated in (1.1) and (1.2) above are applicable to all those issues where draft offer documents are filed on or after 30 days from the date of this circular i.e with effect from February 25, 2005.