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27
th
April, 2004
Notification No.55/2004-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.36/2004-NT-Customs, dated the 25
th
March, 2004 [S.O.394 (E) dated the 25
th
March, 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
May, 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 Dollar32.55
2.Canadian Dollar32.80
3.Danish Kroner7.05
4.EURO 52.55
5.Hong Kong Dollar5.70
6.Norwegian Kroner6.40
7.Pound Sterling79.15
8.Swedish Kroner5.75
9.Swiss Franc 33.85
10.Singapore Dollar26.15
11.US Dollar 44.30
Schedule -II
S.No.Foreign CurrencyRate of exchange of 100 unit of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Japanese Yen40.80
N.J. Kumaresh
Under Secretary to the Government of India
F.No.468/6/2004-Cus.V
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