Notification no. 124/2004, Dated 26 Oct 2004

26th October, 2004 

Notification No. 124 /2004-NT-Customs

 

                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.110/2004-NT-Customs, dated the 27th September, 2004 [S.O.1052(E), dated  the 27th September2004], 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 1stNovember, 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 Dollar34.05
2.Canadian Dollar37.25
3.Danish Kroner7.85
4.EURO58.30
5.Hong Kong Dollar5.85
6.Norwegian Kroner7.10
7.Pound Sterling83.80
8.Swedish Kroner6.45
9.Swiss Franc38.05
10.Singapore Dollar27.35
11.US Dollar45.45

 

Schedule - II

S.No.

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(1)    

(2)

(3)

1.Japanese Yen42.65

 

 

F.No.468/14/2004-Cus.V

 

 

S.P. RAO

Under Secretary to the Government of India

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