S.O. (E) – 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.73/2006-NT-Customs, dated the 27th June, 2006 [S.O.953(E), dated the 27th June, 2006], the Board hereby 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 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, 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	35.05
2.	Canadian Dollar	40.70
3.	Danish Kroner	7.85
4.	EURO	58.70
5.	Hong Kong Dollar	6.00
6.	Norwegian Kroner	7.35
7.	Pound Sterling	85.80
8.	Swedish Kroner	6.35
9.	Swiss Franc	37.25
10.	Singapore Dollar	29.35
11.	US Dollar	46.60

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	39.80

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


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