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

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

27th November, 2006

Notification No. 129/2006-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.111/2006-NT-Customs, dated the 26th October, 2006 [S.O.1843(E), dated  the 26th October, 2006], 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 December, 2006 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

34.40

2.

Canadian Dollar

39.00

3.

Danish Kroner

7.70

4.

EURO

57.60

5.

Hong Kong Dollar

5.70

6.

Norwegian Kroner

6.95

7.

Pound Sterling

85.20

8.

Swedish Kroner

6.35

9.

Swiss Franc

36.40

10.

Singapore Dollar

28.70

11.

US Dollar

44.55

  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

38.25

 F.No.468/15/2006-Cus.V

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