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Notification No. 16/2006, Dated 23 Feb 2006

23th  February, 2006.

Notification No. 16 /2006-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.5/2006-NT-Customs, dated the 25th January, 2006 [S.O.92(E) dated  the 25thJanuary, 2006], 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 March, 2006, 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

33.15

2.

Canadian Dollar

39.00

3.

Danish Kroner

7.15

4.

EURO

53.35

5.

Hong Kong Dollar

5.75

6.

Norwegian Kroner

6.65

7.

Pound Sterling

78.15

8.

Swedish Kroner

5.70

9.

Swiss Franc

34.20

10.

Singapore Dollar

27.45

11.

US Dollar

44.65

 

                                       

  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

37.75

F.No.468/4/2006-Cus.V

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