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Notification No. 98/2010-CUSTOMS (N.T.), DATED THE 26th November, 2010

S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in suppression of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 91/2010-Customs (N.T.), dated the 27th October, 2010 vide number S.O.2657 (E), dated the 27th October,  2010,   except as respects things done or omitted to be done before such suppression, the Central Board of Excise and Customs hereby determines 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 annexed hereto into Indian currency or vice versa shall, with effect from 1st December, 2010 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

SCHEDULE-I

S.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For

Imported

Goods)

(For Export

Goods)

1. Australian Dollar 45.35 44.00
2. Canadian Dollar 45.95 44.60
3. Danish Kroner 8.30 8.05
4. EURO 61.75 60.10
5. Hong Kong Dollar 5.95 5.85
6. Norwegian Kroner 7.65 7.35
7. Pound Sterling 72.95 71.05
8. Swedish Kroner 6.70 6.45
9. Swiss Franc 46.50 45.25
10. Singapore Dollar 35.40 34.40
11. US Dollar 46.15 45.25

SCHEDULE-II

S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For Imported Goods) (For Export Goods)
1. Japanese Yen 55.55 53.95

[F.No.468/13/2010-Cus.V]

(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVT. OF INDIA

TELE: 2309 4610

To

The Manager,

Government of India Press,

Mayapuri, Ring Road, New Delhi.

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