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Customs - Notifications (Non-Tariff)27.11.2007

Exchange Rate - Prescribes rate of exchange of conversion for import and export goods - Superseds Notification No.110/2007-Cus (NT) dated the 26th October, 2007.

Document Text

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE & CUSTOMS Notification No.115/2007 - Customs (N.T.) 27th November, 2007 6, AGRAHAYANA, 1929 (SAKA) S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notifications of the Government of India in the Ministry of Finance (Department of Revenue) No.110/2007(NT)-CUSTOMS, dated the 26th October, 2007 vide number S.O. 1839(E), dated the 26th October, 2007, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines 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 annexed hereto into Indian currency or vice versa shall, with effect from 1st December, 2007 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported goods and export goods. SCHEDULE-I S. No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian Rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Australian Dollar 2. Canadian Dollar 35.25 40.55 34.60 39.85 3. 4. Danish Kroner EURO 5. Hong Kong Dollar 6. Norwegian Kroner 7. 8. 9. Pound Sterling Swedish Kroner Swiss Franc 10. Singapore Dollar 11. US Dollar 7.95 59.25 5.10 7.40 82.35 6.40 36.15 27.70 39.85 7.80 58.20 5.05 7.25 81.05 6.25 35.50 27.20 39.35 SCHEDULE-II S. No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian Rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Japanese Yen 36.85 36.25 [F.No.468/14/2007-Cus.V] (ASEEM KUMAR) Under Secretary to the Government of India

Source: Government of India — Customs - Notifications (Non-Tariff), dated 27.11.2007. Text is machine-extracted for reference; the officially published version prevails. Not legal advice.

HS Codes Referenced

1839192919622007

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