[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS

Notification No. 5/2008-Customs (N.T.)  

DATED THE 28TH JANUARY, 2008
8, MAGHA, 1929 (SAKA)

S.O. (E). – In exercise of the powers conferred by 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.123/2007(NT)-CUSTOMS, dated the 26th December, 2007 vide number S.O. 2184(E), dated the 26th December, 2007, except as respects things done or omitted to be done before such supersession, 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 February, 2008 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

34.95

34.25

2.

Canadian Dollar

39.40

38.65

3.

Danish Kroner

7.85

7.65

4.

EURO

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58.40

57.35

5.

Hong Kong Dollar

5.10

5.00

6.

Norwegian Kroner

7.25

7.10

7.

Pound Sterling

78.55

77.20

8.

Swedish Kroner

6.15

6.05

9.

Swiss Franc

36.35

35.65

10.

Singapore Dollar

27.95

27.45

11.

US Dollar

39.70

39.15

 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

37.40

36.65

 [F.No.468/2/2008-Cus.V]

(ASEEM KUMAR)
Under Secretary to the Government of India

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