TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY DATED THE 23RD FEBRUARY, 2007 4, PHALGUNA, 1928 (SAKA)

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE & CUSTOMS

Sub: Exchange rate notification for imported goods

S.O. (E) – 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.1/2007-NT-Customs, dated the 24th January, 2007 [S.O.77 (E) dated the 24th January, 2007], 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 1st March, 2007 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	35.35
2.	Canadian Dollar	38.40
3.	Danish Kroner	7.85
4.	EURO	58.45
5.	Hong Kong Dollar	5.70
6.	Norwegian Kroner	7.25
7.	Pound Sterling	87.00
8.	Swedish Kroner	6.30
9.	Swiss Franc	36.00
10.	Singapore Dollar	29. 05
11.	US Dollar	44.45

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	36.80

F.No.468/4/2007-Cus.V

(S.P. Rao)
Under Secretary to the Government of India


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