Notification

CUS NTF NO. 115/2003 (NT) DATE 26/12/2003

Document type: Notification
Reference no.: EE
Dated: 26 Dec 2003
Category: Non-Tariff

Exchange Rate effective from 1st January, 2004 Relates to export goods

CUS NTF NO. 115/2003 (NT) DATE 26/12/2003

Exchange Rate effective from 1st January, 2004 Relates to export goods

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.104/2003-NT-Customs, dated the 24th November, 2003 [S.O.1351(E), dated the 24th November, 2003], 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 January, 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 unit of foreign currency equivalent to Indian rupees
(1)	(2)	(3)
1.	Australian Dollar	33.55
2.	Canadian Dollar	34.35
3.	Danish Kroner	7.55
4.	EURO	56.25
5.	Hong Kong Dollar	5.85
6.	Norwegian Kroner	6.70
7.	Pound Sterling	80.05
8.	Swedish Kroner	6.20
9.	Swiss Franc	36.10
10.	Singapore Dollar	26.55
11.	US Dollar	45.40

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	42.25

F.No.468/15/2003-Cus.V

Sd/-
(N.J. Kumaresh)
Under Secretary to the Government of India

(Amended vide CUS NTF NO. 11/2004 (NT) DATE 27/01/2004)

CUS NTF NO. 115/2003 (NT) DATE 26/12/2003

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