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Notification

CUS NTF NO. 71/2004 (NT) DATE 26/05/2004

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

Exchange Rate effective from 1st June, 2004 Relates to imported goods

CUS NTF NO. 71/2004 (NT) DATE 26/05/2004

Exchange Rate effective from 1st June, 2004 Relates to imported goods

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.55/2004-NT-Customs, dated the 27th April, 2004 [S.O.537 (E) dated the 27th April, 2004], 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 June, 2004, 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 Dollar31.85
2.Canadian Dollar33.15
3.Danish Kroner7.35
4.EURO54.70
5.Hong Kong Dollar5.85
6.Norwegian Kroner6.65
7.Pound Sterling81.55
8.Swedish Kroner6.00
9.Swiss Franc35.65
10.Singapore Dollar26.45
11.US Dollar45.45


SCHEDULE-II


S.No.Foreign CurrencyRate of exchange of 100 units of foreign
currency equivalent to Indian rupees
(1)(2)(3)
1.Japanese Yen40.25


F.No.468/7/2004-Cus.V

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

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