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

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

June 27, 2006

NOTIFICATION NO. 72/2006-CUSTOMS

S.O. (E) – 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.60/2006-NT-Customs, dated the 26th May, 2006 [S.O.817(E) dated  the 26th May, 2006], 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 July, 2006, 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

34.20

2.

Canadian Dollar

41.55

3.

Danish Kroner

7.85

S.No.

Foreign Currency

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(Imports)

      (1)

(2)

(3)

4.

EURO

58.30

5.

Hong Kong Dollar

6.00

6.

Norwegian Kroner

7.40

7.

Pound Sterling

84.75

8.

Swedish Kroner

6.35

9.

Swiss Franc

37.40

10.

Singapore Dollar

29.15

11.

US Dollar

46.55

  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

40.05

 F.No.468/9/2006-Cus.V

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Category : Custom Duty (6634)

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