Notification no. 96/2004, Dated 26 Aug 2004

 26th August, 2004  

Notification No.96/2004-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.91/2004-NT-Customs, dated the 27th July, 2004 [S.O.851(E), dated  the 27thJuly2004], 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 September, 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

32.60

2.

Canadian Dollar

35.35

3.

Danish Kroner

7.50

4.EURO55.65
5.Hong Kong Dollar5.90
6.Norwegian Kroner6.70
7.Pound Sterling82.80
8.Swedish Kroner6.05
9.Swiss Franc36.20
10.Singapore Dollar26.95
11.US Dollar46.15

    Schedule III

S.No .

Foreign Currency

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

(1)

(2)

(3)

1.

Japanese Yen

42.10

 

F.No.468/12/2004-Cus.V

  D.S. Garbyal 
Under Secretary to the Government of India

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