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Date: 28-05-2007
Notification No: CUSTOMS Notification No 53/2007(NT)
Issuing Authority: Indian Customs  
Type: Non Tariff
File No: F.No.468/7/2007-Cus.V
Subject: Exchange rate notification for exported goods

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE & CUSTOMS


DATED THE 28TH MAY, 2007
7, JYAISTHA, 1929 (SAKA)

NOTIFICATION NO.53/2007-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.33/2007-NT-Customs, dated the 25th April, 2007 [S.O.650(E), dated the 25th April, 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 June, 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 to Indian rupees

(1)

(2)

(3)

1.

Australian Dollar

33.00

2.

Canadian Dollar

37.15

3.

Danish Kroner

7.25

4.

EURO

54.10

5.

Hong Kong Dollar

5.15

6.

Norwegian Kroner

6.65

7.

Pound Sterling

80.05

8.

Swedish Kroner

5.90

9.

Swiss Franc

33.25

10.

Singapore Dollar

26.40

11.

US Dollar

40.40



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

32.85



F.No.468/7/2007-Cus.V

(S.P. Rao)

Under Secretary to the Government of India

       

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