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27 January, 2004
Notification No.11/2004-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 suppression of the notification of the Government of India in the Ministry of Finance (Department of Revenue)
No.115/2003-NT-Customs, dated the 26
th
December, 2003 [S.O.1473(E), dated the 26
th
December , 2003], 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
February, 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 Dollar35.10
2.Canadian Dollar34.85
3.Danish Kroner7.70
4.EURO 57.40
5.Hong Kong Dollar5.80
6Norwegian Kroner6.65
7Pound Sterling83.30
8Swedish Kroner6.30
9Swiss Franc 36.60
10.Singapore Dollar26.70
11.US Dollar 45.20
Schedule - II
S.NoForeign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Japanese Yen42.55
N.J. Kumaresh
Under Secretary to the Government of India
F.No.468/3/2004-Cus.V
notifications no 11 2004 customs n t | iKargos