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Notification No. 111/2006, Dated 26 Oct 2006

October 26, 2006

Notification No. 111/2006 - Customs (N.T.)

S.O.      (E) – 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.107/2006-NT-Customs, dated the 26th September, 2006 [S.O.1607(E), dated  the 26th September, 2006], the Board hereby column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st November, 2006 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, 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

34.30

2.

Canadian Dollar

40.10

3.

Danish Kroner

7.65

4.

EURO

56.85

5.

Hong Kong Dollar

5.80

6.

Norwegian Kroner

6.85

7.

Pound Sterling

84.70

8.

Swedish Kroner

6.15

9.

Swiss Franc

35.75

10.

Singapore Dollar

28.70

11.

US Dollar

45.10

 

 

SCHEDULE-II

S.No.

Foreign Currency

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

(1)

(2)

(3)

1.

Japanese Yen

37.90

 

F.No.468/14/2006-Cus.V

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