Exchange Rate - Prescribes rate of exchange of conversion for export goods - Superseds Notification No.76/2007-Cus (NT) dated the 26th July, 2007.

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TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY DATED THE 29TH AUGUST, 2007 ___________________________________________________________ 7, BHADRAPADA, 1929 (SAKA) GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE DATED THE 29TH AUGUST, 2007 7, BHADRAPADA, 1929 (SAKA) NOTIFICATION NO.89/2007-NT-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 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.76/2007-NT-Customs, dated the 26th July, 2007 [S.O.1231(E), dated the 26th July, 2007], 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 September, 2007 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 currency equivalent to Indian rupees foreign (1) (2) (3) 1. 2. 3. 4. Australian Dollar 33.60 Canadian Dollar 38.55 Danish Kroner EURO 7.45 55.40 5. 6. 7. 8. 9. 10. 11. Hong Kong Dollar 5.20 Norwegian Kroner 6.95 Pound Sterling 81.70 Swedish Kroner 5.90 Swiss Franc 33.70 Singapore Dollar 26.65 US Dollar 40.60 SCHEDULE-II S.No. Foreign Currency Rate of exchange of 100 foreign currency units of equivalent to Indian rupees (1) (2) 1. Japanese Yen (3) 34.85 F.No.468/10/2007-Cus.V (S.P. Rao) Under Secretary to the Government of India

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