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23th February, 2006.
Notification No. 16 /2006-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.5/2006-NT-Customs, dated the 25
th
January, 2006 [S.O.92(E) dated the 25
th
January, 2006], 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
March, 2006, 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 Dollar33.15
2.Canadian Dollar39.00
3.Danish Kroner7.15
4.EURO 53.35
5.Hong Kong Dollar5.75
6.Norwegian Kroner6.65
7.Pound Sterling78.15
8.Swedish Kroner5.70
9.Swiss Franc 34.20
10.Singapore Dollar27.45
11.US Dollar 44.65
SCHEDULE-II
S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)(2) (3)
1.Japanese Yen 37.75
F.No.468/4/2006-Cus.V
notifications no 16 2006 customs n t | iKargos