Exchange Rate - Prescribes rate of exchange of conversion for export goods - Superseds Notification No.89/2007-Cus (NT) dated the 29th August, 2007.

Document Text

TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY DATED THE 25TH SEPTEMBER, 2007 3, ASVINA, 1929 (SAKA) GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE & CUSTOMS DATED THE 25TH SEPTEMBER, 2007 NOTIFICATION NO.100/2007 - 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.89/2007-NT-Customs, dated the 29th August, 2007 [S.O.1475(E), dated the 29th August, 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 October, 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 foreign currency equivalent Indian Rupees to (1) (2) (3) 1. 2. Australian Dollar 34.25 Canadian Dollar 39.55 3. 4. 5. 6. 7. 8. 9. 10. 11. Danish Kroner EURO 7.45 55.70 Hong Kong Dollar 5.10 Norwegian Kroner 7.15 Pound Sterling 80.05 Swedish Kroner 6.05 Swiss Franc 33.75 Singapore Dollar 26.25 US Dollar 39.55 SCHEDULE-II S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent Indian rupees to (1) (2) (3) 1. Japanese Yen 34.30 F.No.468/11/2007-Cus.V (Aseem Kumar) Under Secretary to the Government of India

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