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GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE & CUSTOMS

DATED THE 29TH AUGUST, 2007

7, BHADRAPADA, 1929 (SAKA)

 NOTIFICATION NO. 88/2007-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 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.75/2007-NT-Customs, dated the 26th July, 2007 [S.O.1230(E) dated  the 26th July, 2007], the Board hereby determines for the purposes of said section, relating to imported 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 September, 2007 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 34.35
2. Canadian Dollar 39.40
3. Danish Kroner 7.60
4. EURO 56.55
5. Hong Kong Dollar 5.30
6. Norwegian Kroner 7.15
7. Pound Sterling 83.30
8. Swedish Kroner 6.05
9. Swiss Franc 34.40
10. Singapore Dollar 27.25
11. US Dollar 41.30

 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 35.60

F.No.468/10/2007-Cus.V

(S.P. Rao)

Under Secretary to the Government of India

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