27th June, 2005
Notification No.52/2005-NT-Customs
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.42/2005-NT-Customs, dated the 26
th
May, 2005 [S.O.726(E), dated the 26
th
May , 2005], the Board hereby 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 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
July, 2005, 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 Dollar33.45
2.Canadian Dollar35.25
3.Danish Kroner7.00
4.EURO 52.25
5.Hong Kong Dollar5.60
6.Norwegian Kroner6.60
7.Pound Sterling78.85
8.Swedish Kroner5.55
9.Swiss Franc 33.90
10.Singapore Dollar25.90
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 Yen39.85
F.No.468/10/2005-Cus.V
(S.P. RAO)
Under Secretary to the Government of India