GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

NOTIFICATION NO. 45/2008-CUSTOMS (N.T.)

DATED THE 28TH MAY, 2008

7, JYAISTHA, 1930 (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.39/2008-CUSTOMS (N.T.), dated the 28th April, 2008 vide number S.O. 1033(E), dated the 28th April, 2008,   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 June, 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

41.60

40.70

2.

Canadian Dollar

43.65

42.85

3.

Danish Kroner

9.15

8.95

4.

EURO

68.20

67.10

5.

Hong Kong Dollar

5.55

5.45

6.

Norwegian Kroner

8.65

8.45

7.

Pound Sterling

85.55

84.20

8.

Swedish Kroner

7.35

7.20

9.

Swiss Franc

42.25

41.50

10.

Singapore Dollar

31.75

31.15

11.

US Dollar

43.10

42.50

 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

41.85

41.05

 [F.No.468/11/2008-Cus.V]

 (Aseem Kumar)

 Under Secretary to the Government of India

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