Rate of exchange of conversion relating to exported goods from 1st May - 035/05 - Customs - Non Tariff

Rate of exchange of conversion relating to exported goods from 1st May 26th April, 2005 Notification No.35/2005-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 supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.24/2005-NT-Customs, dated the 28 th March, 2005 [S.O.425(E), dated the 28 th March , 2005], 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 May, 2005, 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 33.95 2. Canadian Dollar 35.15 3. Danish Kroner 7.60 4. EURO 56.70 5. Hong Kong Dollar 5.60 6. Norwegian Kroner 6.95 7. Pound Sterling 83.20 8. Swedish Kroner 6.20 9. Swiss Franc 36.70 10. Singapore Dollar 26.45 11. US Dollar 43.55 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 41.10 F.No.468/8/2005-Cus.V Sd/- V. Kezo Under Secretary to the Government of India