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28th December, 2004
Notification No. 148/2004- Customs (N.T.)
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.129/2004-NT-Customs, dated the 24
th
November, 2004 [S.O.1298(E) dated the 24
th
November, 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 1
st
January, 2005, be the rate mentioned against it in the corresponding entry in column (3)
thereof.
Schedule - I
S.No.Foreign CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Australian Dollar34.00
2.Canadian Dollar35.85
3.Danish Kroner8.00
4.EURO 59.65
5.Hong Kong Dollar5.65
6.Norwegian Kroner7.20
7.Pound Sterling84.80
8.Swedish Kroner6.60
9.Swiss Franc 38.60
10.Singapore Dollar26.80
11.US Dollar 44.00
Schedule -II
S.No.Foreign CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Japanese Yen42.55
F.No.468/17/2004-Cus.V
Sd/-
S.P. Rao
Under Secretary to the Government of India
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