Sponsored
    Follow Us:
Sponsored

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

26th OCTOBER, 2005

Notification No. 96/2005-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 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.84/2005-NT-Customs, dated the 27th September, 2005 [S.O.1408(E), dated  the 27th September, 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 November, 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

33.60

2.

Canadian Dollar

37.80

3.

Danish Kroner

7.20

4.

EURO

53.75

5.

Hong Kong Dollar

5.80

6.

Norwegian Kroner

6.85

7.

Pound Sterling

79.35

8.

Swedish Kroner

5.65

9.

Swiss Franc

34.80

10.

Singapore Dollar

26.55

11.

US Dollar

44.95

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

38.85

F.No.468/15/2005-Cus.V

Sd/-
(S.P. RAO)
Under Secretary to the Government of India

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031