Customs Notification No- 88/2007 (NT) dated
29.8.2007
Exchange Rate effective from 1st September, 2007 relates to imported goods
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.75/2007-NT-Customs, dated the 26 th July,
2007 [S.O.1230(E) dated the 26 th July, 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 1 st September, 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 |
34.35 |
| 2. |
Canadian Dollar |
39.40 |
| 3. |
Danish Kroner |
7.60 |
| 4. |
EURO |
56.55 |
| 5. |
Hong Kong Dollar |
5.30 |
| 6. |
Norwegian Kroner |
7.15 |
| 7. |
Pound Sterling |
83.30 |
| 8. |
Swedish Kroner |
6.05 |
| 9. |
Swiss Franc |
34.40 |
| 10. |
Singapore Dollar |
27.25 |
| 11. |
US Dollar |
41.30 |
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 |
35.60 |
F.No.468/10/2007-Cus.V
(S.P. Rao)
Under Secretary to the Government of India
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