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Customs Notification No-18/2007 (NT) dated 23.2.2007
Exchange Rate effective from 1st March, 2007 Relates to 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