Notification no. 24/2007, 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.24/2007-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 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.19/2007-NT-Customs, dated the 23rd February, 2007 [S.O.282(E), dated  the 23rd February2007], 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 April, 2007 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

34.90

2.

Canadian Dollar

37.45

3.

Danish Kroner

7.75

4.

EURO

57.80

5.

Hong Kong Dollar

5.55

6.

Norwegian Kroner

7.10

7.

Pound Sterling

85.20

8.

Swedish Kroner

6.20

9.

Swiss Franc

35.70

10.

Singapore Dollar

28.55

11.

US Dollar

43.45

 

 

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

36.70

 

F.No.468/5/2007-Cus.V

(S.P. Rao)

Under Secretary to the Government of India

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