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.72/2006-NT-Customs, dated the 27th June, 2006 [S.O.952(E) dated the 27th June, 2006], 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 August, 2006, 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	35.75
2.	Canadian Dollar	41.40
3.	Danish Kroner	8.00
4.	EURO	59.70
5.	Hong Kong Dollar	6.05
6.	Norwegian Kroner	7.50
7.	Pound Sterling	87.30
8.	Swedish Kroner	6.45
9.	Swiss Franc	37.90
10.	Singapore Dollar	29.80
11.	US Dollar	47.20

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	40.50

F.No.468/10/2006-Cus.V


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