Notification No. 17/2006, Dated 23 Feb 2006

Notification No. 17 /2006-Customs (N.T.)

23th  February, 2006.

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.6/2006-NT-Customs, dated the 25th January, 2006 [S.O.91(E), dated  the 25thJanuary2006], 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 March, 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

32.55

2.

Canadian Dollar

38.50

3.

Danish Kroner

7.05

4.

EURO

52.70

5.

Hong Kong Dollar

5.70

6.

Norwegian Kroner

6.55

7.

Pound Sterling

77.20

8.

Swedish Kroner

5.60

9.

Swiss Franc

33.80

10.

Singapore Dollar

27.15

11.

US Dollar

44.30

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

37.30

 

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

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