Notification No.115 /2008 - CUSTOMS (N.T.) dated
29.10.2008
Exchange Rate effective from 1st November 2008 relates to Import/export goods
In exercise of the powers conferred by 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.111/2008-CUSTOMS (N.T.),
dated the 26th September, 2008 vide number S.O. 2296(E), dated the 26th
September, 2008, except as respects things done or omitted to be done before
such supersession, the Central Board of Excise and Customs hereby determines
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 annexed hereto
into Indian currency or vice versa shall, with effect from 1st November, 2008 be
the rate mentioned against it in the corresponding entry in column (3) thereof,
for the purpose of the said section, relating to imported and export goods.
SCHEDULE-I
| S.No. |
Foreign Currency |
Rate of exchange of one unit of foreign currency
equivalent to Indian rupees |
| (1) |
(2) |
(3) |
| (a) |
(b) |
| (For Imported Goods) |
(For Export Goods) |
| 1. |
Australian Dollar |
31.50 |
30.55 |
| 2. |
Canadian Dollar |
39.60 |
38.80 |
| 3. |
Danish Kroner |
8.60 |
8.35 |
| 4. |
EURO |
63.75 |
62.45 |
| 5. |
Hong Kong Dollar |
6.50 |
6.40 |
| 6. |
Norwegian Kroner |
7.25 |
7.05 |
| 7. |
Pound Sterling |
79.75 |
78.10 |
| 8. |
Swedish Kroner |
6.40 |
6.25 |
| 9. |
Swiss Franc |
43.60 |
42.70 |
| 10. |
Singapore Dollar |
33.55 |
32.85 |
| 11. |
US Dollar |
50.40 |
49.65 |
SCHEDULE-II
| S.No. |
Foreign Currency |
Rate of exchange of 100 units of foreign currency
equivalent to Indian rupees
|
| (1) |
(2) |
(3) |
| (a) |
(b) |
| (For Imported Goods) |
(For Export Goods) |
| 1. |
Japanese Yen |
53.90 |
52.65 |
[F.No.468/20/2008-Cus.V](Aseem Kumar)
Under Secretary to the Government of India
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