26th October, 2004
Notification No. 123 /2004-NT-Customs
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.109/2004-NT-Customs, dated the 27
th
September, 2004 [S.O.1051(E) dated the 27
th
September, 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
November, 2004, 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 Dollar34.35
2.Canadian Dollar37.60
3.Danish Kroner7.90
4.EURO 58.90
5.Hong Kong Dollar5.90
6.Norwegian Kroner7.15
7.Pound Sterling84.60
8.Swedish Kroner6.50
9.Swiss Franc 38.45
10.Singapore Dollar27.60
11.US Dollar 45.85
Schedule - II
S.No.Foreign CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Japanese Yen43.05
F.No.468/14/2004-Cus.V
S.P. RAO
Under Secretary to the Government of India