Exchange rate notification for Import of / exported goods - 123/2007 - Customs - Non Tariff

This Notification has been superseded vide Notification No. 5/2008 Cus (NT) dated 28/1/2008 Supersedes Notification No. 115/2007 Cus (NT) dated 27/11/2007 Exchange rate notification for Import of / exported goods [TO BE PUBLISHED IN THE GAZETTE OF INDIA , PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS NOTIFICATION NO.123/2007(NT)-CUSTOMS DATED THE 26 TH DECEMBER, 2007 5, PAUSA, 1929 (SAKA) S.O. (E). - In exercise of the powers conferred by 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.115/2007(NT)-CUSTOMS, dated the 27 th November, 2007 vide number S.O. 1990(E), dated the 27 th November, 2007, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines 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 annexed hereto into Indian currency or vice versa shall, with effect from 1 st January, 2008 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods. SCHEDULE-I S.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Australian Dollar 34.70 34.00 2. Canadian Dollar 40.15 39.50 3. Danish Kroner 7.70 7.55 4. EURO 57.25 56.35 5. Hong Kong Dollar 5.10 5.05 6. Norwegian Kroner 7.15 7.00 7. Pound Sterling 78.95 77.75 8. Swedish Kroner 6.05 5.95 9. Swiss Franc 34.50 33.95 10. Singapore Dollar 27.45 26.95 11. US Dollar 39.75 39.30 SCHEDULE-II S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Japanese Yen 34.95 34.35 [F.No.468/15/2007-Cus.V] (ASEEM KUMAR) Under Secretary to the Government of India