Exchange rate notification for imported  goods

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

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

27th January, 2004

Notification No. 10/2004-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.114/2003-NT-Customs, dated the 26th December, 2003 [S.O.1472(E) dated  the 26th December, 2003], 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 February, 2004, be the rate mentioned against it in the corresponding entry in column (3) thereof.

Schedule – I

Sr.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
1. Australian Dollar 35.45
2. Canadian Dollar 35.15
3. Danish Kroner 7.80
4. EURO 58.00
5. Hong Kong Dollar 5.85
6. Norwegian Kroner 6.75
7. Pound Sterling 84.05
8. Swedish Kroner 6.35
9. Swiss Franc 37.00
10. Singapore Dollar 26.90
11. US Dollar 45.55

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 42.95

N.J. Kumaresh
Under Secretary to the Government of India

F.No.468/3/2004-Cus.V

More Under Custom Duty

Posted Under

Category : Custom Duty (7071)

Leave a Reply

Your email address will not be published.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