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Rate of exchange of conversion for imported goods w.e.f. 1st October 2005

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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

27th September, 2005

Notification No. 83/2005-Customs (N.T.)

In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of 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.72/2005-NT-Customs, dated the 26th  August, 2005 [S.O.1195 (E) dated  the 26th August, 2005], 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, 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

33.55

2.

Canadian Dollar

37.75

3.

Danish Kroner

7.15

4. EURO 53.30
5. Hong Kong Dollar 5.70
6. Norwegian Kroner 6.85
7. Pound Sterling 78.50
8. Swedish Kroner 5.70
9. Swiss Franc 34.15
10. Singapore Dollar 26.25
11. US Dollar 44.15

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 39.40

F.No.468/13/2005-Cus.V

S.P. RAO
Under Secretary to the Government of India

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