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Notification no. 71/2004, Dated 26 May 2004

26th May, 2004

Notification No. 71/2004 - Customs (N.T.) 

            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 27thApril, 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 Currency

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

1.Australian Dollar31.85
2.Canadian Dollar33.15
3.Danish Kroner7.35
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 Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees          



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N.J. Kumaresh
Under Secretary to the Government of India

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