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Notification no. 23/2007, Dated 26 March 2007

TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY   DATED THE   26TH MARCH, 2007

________________________________________________________

5, CHAITRA, 1929 (SAKA)

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE & CUSTOMS

********

DATED THE 26TH MARCH, 2007

5, CHAITRA, 1929 (SAKA)

 

NOTIFICATION NO.23/2007-NT-CUSTOMS

 

S.O.       (E) – 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.18/2007-NT-Customs, dated the 23rd February, 2007 [S.O.281(E) dated  the 23rd February, 2007], the Board hereby determines for the purposes of said section, relating toimported 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 April, 2007 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

35.35

2.

Canadian Dollar

38.10

3.

Danish Kroner

7.90

4.

EURO

58.60

5.

Hong Kong Dollar

5.60

6.

Norwegian Kroner

7.20

7.

Pound Sterling

86.30

8.

Swedish Kroner

6.30

9.

Swiss Franc

36.20

10.

Singapore Dollar

29. 00

11.

US Dollar

43.90

 

 

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

37.25

 

          F.No.468/5/2007-Cus.V

                                                                             (S.P. Rao)

Under Secretary to the Government of India

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