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.67/2003-NT-Customs, dated the 26^th August, 2003 [S.O.969(E) dated  the 26^th August, 2003], 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 1^st October, 2003, 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	31.05
2.	Canadian Dollar	33.90
3.	Danish Kroner	7.10

 

 

S.No.	Foreign Currency	(Imports)
(1)	(2)	(3)
4.	EURO	52.75
5.	Hong Kong Dollar	5.95
6.	Norwegian Kroner	6.55
7.	Pound Sterling	76.00
8.	Swedish Kroner	5.90
9.	Swiss Franc	33.90
10.	Singapore Dollar	26.50
11.	US Dollar	46.00

 

                           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	41.05

 

F.No.468/11/2003-Cus.V

 

                                                                                                          Sd/-

                                                                                      (N.J. Kumaresh)

Under Secretary to the Government of India