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

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

27 January, 2004

Notification No. 11/2004-Customs (N.T.)

            In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and in suppression of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.115/2003-NT-Customs, dated the 26th December, 2003 [S.O.1473(E), dated  the 26th December, 2003], the Board hereby 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 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   

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

Australian Dollar

<p “=””> 35.10
2.

Canadian Dollar

34.85
3.

Danish Kroner

   7.70
4. EURO 57.40
5. Hong Kong Dollar 5.80
6 Norwegian Kroner 6.65
7 Pound Sterling 83.30
8 Swedish Kroner 6.30
9 Swiss Franc 36.60
10. Singapore Dollar 26.70
11. US Dollar 45.20

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

42.55

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 (7064)

Leave a Reply

Your email address will not be published.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