TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii)  OF THE  GAZETTE OF INDIA, EXTRA-ORDINARY  DATED THE 29TH AUGUST, 2007

7, BHADRAPADA, 1929 (SAKA)

 GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

 DATED THE 29TH AUGUST, 2007

7, BHADRAPADA, 1929 (SAKA)

  NOTIFICATION  NO. 89/2007-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 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.76/2007-NT-Customs, dated the 26th July, 2007 [S.O.1231(E), dated  the 26th July, 2007], the Board hereby 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 determines for the purposes of said section relating to export goods, that the rate of exchange of  conversion of each of the foreign currency specified in, 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 33.60
2. Canadian Dollar 38.55
3. Danish Kroner 7.45
4. EURO 55.40
5. Hong Kong Dollar 5.20
6. Norwegian Kroner 6.95
7. Pound Sterling 81.70
8. Swedish Kroner 5.90
9. Swiss Franc 33.70
10. Singapore Dollar 26.65
11. US Dollar 40.60

 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 34.85

 F.No.468/10/2007-Cus.V

(S.P. Rao)

Under Secretary to the Government of India

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