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Date 26-Aug-2004 Issuing Authority Indian Customs
Non-Tariff Notification Number 96/2004-Customs (N.T.), dated 26-08-2004 Authority Type Non-Tariff Notification
Subject Exchange rate notification for exported goods

Notification No.96/2004-NT-Customs

 26th August, 2004  

Notification No.96/2004-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 supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.91/2004-NT-Customs, dated the 27th July, 2004 [S.O.851(E), dated  the 27th July, 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 1st September, 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

32.60

2.

Canadian Dollar

35.35

3.

Danish Kroner

7.50

4. EURO 55.65
5. Hong Kong Dollar 5.90
6. Norwegian Kroner 6.70
7. Pound Sterling 82.80
8. Swedish Kroner 6.05
9. Swiss Franc 36.20
10. Singapore Dollar 26.95
11. US Dollar 46.15

    Schedule III

S.No .

Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

(1)

(2)

(3)

1.

Japanese Yen

42.10

 

F.No.468/12/2004-Cus.V

  D.S. Garbyal
Under Secretary to the Government of India

 

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