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NOTIFICATION  NO.22/2004-NT-CUSTOMS dated 24.2.2004
Exchange Rate effective from 1st March, 2004 Relates to imported goods

 

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.10/2004-NT-Customs, dated the 27th  January, 2004 [S.O.120 (E) dated  the 27th January, 2004], 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 1st March, 2004, 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

35.15

2.

Canadian Dollar

34.00

3.

Danish Kroner

7.65

 

 

 

S.No.

Foreign Currency

(Imports)

      (1)

(2)

(3)

4.

EURO

56.90

5.

Hong Kong Dollar

5.85

6.

Norwegian Kroner

6.45

7.

Pound Sterling

84.45

8.

Swedish Kroner

6.20

9.

Swiss Franc

36.05

10.

Singapore Dollar

26.80

11.

US Dollar

45.45

 

                           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

41.85

 

F.No.468/4/2004-Cus.V

 

Sd/-

(N.J. Kumaresh)

Under Secretary to the Government of India