[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. 111/2008(NT)-CUSTOMS

DATED THE 26TH SEPTEMBER, 2008

4, ASVINA, 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.102/2008(NT)-CUSTOMS, dated the 26th August, 2008 vide number S.O. 2109(E), dated the 26th August, 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 October, 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

39.05

38.10

2.

Canadian Dollar

45.40

44.40

3.

Danish Kroner

9.25

8.95

4.

EURO

68.65

67.25

5.

Hong Kong Dollar

6.00

5.90

6.

Norwegian Kroner

8.30

8.10

7.

Pound Sterling

86.15

84.50

8.

Swedish Kroner

7.15

6.95

9.

Swiss Franc

43.20

42.25

10.

Singapore Dollar

32.95

32.20

11.

U.S. Dollar

46.75

46.05

 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

44.40

43.40

 [F.No.468/17/2008-Cus.V]

(RAHUL NANGRE)

Under Secretary to the Government of India

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