Exchange rate (Import) w.e.f 1st February, 2005.

TG Team
| Custom Duty - Notifications N.T.- Notifications/Circulars
25 Jan 2005
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[PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II SECTION 3, SUB-SECTION (I)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

25th January, 2005

Notification No. 9/2005-Custom (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.148/2004-NT-Customs, dated the 28^th December, 2004 [S.O.1419 (E) dated the 28^th December, 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 1^st February, 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	33.85
2.	Canadian Dollar	35.90
3.	Danish Kroner	7.70
4.	EURO	57.35
5.	Hong Kong Dollar	5.65
6.	Norwegian Kroner	7.00
7.	Pound Sterling	82.50
8.	Swedish Kroner	6.35
9.	Swiss Franc	37.10
10.	Singapore Dollar	26.90
11.	US Dollar	43.90

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	42.70