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Notification

CUS NTF NO. 23/2007 (NT) DATE 26/03/2007

Document type
Notification
Reference no.
II
Dated
Category
Non-Tariff

Exchange Rate effective from 1st April, 2007 Relates to imported goods

CUS NTF NO. 23/2007 (NT) DATE 26/03/2007

Exchange Rate effective from 1st April, 2007 Relates to imported 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 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.18/2007-NT-Customs, dated the 23rd February, 2007 [S.O.281(E) dated the 23rd February, 2007], the Board hereby determines for the purposes of said section, relating to imported 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 April, 2007 be the rate mentioned against it in the corresponding entry in column (3) thereof.

SCHEDULE-I

S.No.Foreign CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)(2)(3)
1.Australian Dollar35.45
2.Canadian Dollar38.10
3.Danish Kroner7.90
4.EURO58.60
5.Hong Kong Dollar5.60
6.Norwegian Kroner7.20
7.Pound Sterling86.30
8.Swedish Kroner6.30
9.Swiss Franc36.20
10.Singapore Dollar29.00
11.US Dollar43.90

SCHEDULE-II

S.No.Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)(2)(3)
1.Japanese Yen37.25


F.No.468/5/2007-Cus.V

(S.P. Rao)
Under Secretary to the Government of India


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