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Customs Notification No-32/2007 (NT) dated 25.04.2007
Exchange Rate effective from 1st May, 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.23/2007-NT-Customs, dated the 26th March, 2007 [S.O.449(E) dated the 26th March, 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 May, 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 34.70
2. Canadian Dollar 37.45
3. Danish Kroner 7.65
4. EURO 57.00
5. Hong Kong Dollar 5.35
6. Norwegian Kroner 7.05
7. Pound Sterling 83.85
8. Swedish Kroner 6.20
9. Swiss Franc 34.70
10. Singapore Dollar 27.70
11. US Dollar 41.95

 
SCHEDULE-II

 
S.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
1. Japanese Yen 35.50

F.No.468/6/2007-Cus.V

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