Exchange Rates effective from 1st December, 2004 Relates to export goods - 130/04 - Customs - Non Tariff

Exchange Rates effective from 1st December, 2004 Relates to export goods 24th November, 2004 Notification No.130/2004-Customs (N.T) In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the 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.124/2004-NT-Customs, dated the 26 th October, 2004 [S.O.1190(E), dated the 26 th October , 2004], 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 December, 2004, be the rate mentioned against it in the corresponding entry in column (3) thereof. SCHEDULE-I S.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees (1) (2) (3) 1. Australian Dollar 35.00 2. Canadian Dollar 37.75 3. Danish Kroner 7.85 4. EURO 58.30 5. Hong Kong Dollar 5.75 6. Norwegian Kroner 7.15 7. Pound Sterling 83.25 8. Swedish Kroner 6.50 9. Swiss Franc 38.40 10. Singapore Dollar 27.25 11. US Dollar 44.90 SCHEDULE-II S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees (1) (2) (3) 1. Japanese Yen 43.35 F.No.468/15/2004-Cus.V S.P.Rao Under Secretary to the Government of India