eximtimes.com
www.eximtimes.com

Notification No. 47 / 2006-Customs (N.T.)

25th  April, 2006

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.39/2006-NT-Customs, dated the 28th March, 2006 [S.O.423(E), dated  the 28th March, 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 May, 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

33.35

2.

Canadian Dollar

39.40

3.

Danish Kroner

7.40

4.

EURO

55.35

5.

Hong Kong Dollar

5.80

6.

Norwegian Kroner

7.05

7.

Pound Sterling

80.05

8.

Swedish Kroner

5.95

9.

Swiss Franc

35.15

10.

Singapore Dollar

28.15

11.

US Dollar

44.90

 

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

38.70

 

F.No.468/7/2006-Cus.V