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

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

28th December, 2004 

Notification No. 148/2004-Customs (N.T.)

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.129/2004-NT-Customs, dated the 24th  November, 2004 [S.O.1298(E) dated  the 24th November, 2004], 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 January, 2005, 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 34.00
2. Canadian Dollar 35.85
3. Danish Kroner 8.00
4. EURO 59.65
5. Hong Kong Dollar 5.65
6. Norwegian Kroner 7.20
7. Pound Sterling 84.80
8. Swedish Kroner 6.60
9. Swiss Franc 38.60
10. Singapore Dollar 26.80
11. US Dollar 44.00

Schedule -II

S.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
1. Japanese Yen 42.55

F.No.468/17/2004-Cus.V

Sd/-
S.P. Rao
Under Secretary to the Government of India

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Join us on Whatsapp

taxguru on whatsapp GROUP LINK

Join us on Telegram

taxguru on telegram GROUP LINK

Download our App

  

More Under Custom Duty

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

February 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
26272829