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Date: 27-07-2004
Notification No: Customs Notification No 91/2004 (NT)
Issuing Authority: Indian Customs  
Type: Non Tariff
File No:
Subject: Exchange Rate effective from 1st August, 2004 Relates to exported goods

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.82/2004-NT-Customs, dated the 25th June, 2004 [S.O.738(E), dated the 25th June, 2004], the Board hereby 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 column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st August, 2004, 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 unt of foreign
currency equivalent to Indian rupees
(1) (2) (3)
1. Australian Dollar 32.75
2. Canadian Dollar 34.95
3. Danish Kroner 7.50
4. EURO 55.90
5. Hong Kong Dollar 5.90
6. Norwegian Kroner 6.55
7. Pound Sterling 84.65
8. Swedish Kroner 6.05
9. Swiss Franc 36.45
10. Singapore Dollar 26.75
11. US Dollar 46.10


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 42.05


F.No.468/11/2004-Cus.V

(ASHOK KUMAR)
Under Secretary to the Government of India

(Last amended vide Customs Notification No. : 96/2004 (NT) DATE 26/08/2004)


       

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