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Customs Notification No- 17/2006 (NT) dated 23.2.2006
Exchange Rate effective from 1st March, 2006 Relates to export 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 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.6/2006-NT-Customs, dated the 25th January, 2006 [S.O.91(E), dated the 25th January, 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 March, 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 32.55
2. Canadian Dollar 38.50
3. Danish Kroner 7.05
4. EURO 52.70
5. Hong Kong Dollar 5.70
6. Norwegian Kroner 6.55
7. Pound Sterling 77.20
8. Swedish Kroner 5.60
9. Swiss Franc 33.80
10. Singapore Dollar 27.15
11. US Dollar 44.30

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 37.30


F.No.468/4/2006-Cus.V

 

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

 

CORRIGENDUM DATE 24/02/2006
Amendment in the Exchange Rate of US Dollar for 1st March, 2006 Relates to export goods

In the Notification of the Government of India in the Ministry of Finance (Department of Revenue), No.17/2006-(N.T.)-Customs, dated the 23rd February, 2006, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vide S.O. 243(E), dated the 23rd February, 2006:- In Schedule-I at Sl. No. 11, rates of US Dollar in Column No. 3 for 44.50 be read as 44.30.

F.No.468/4/2006-Cus.-V

(S.P. Rao)
Under Secy.

Note:- The Principal Notification has been published in the Gazette of India, Extraordinary vide Notification No.17/2006- (N.T.)-Customs, dated the 23rd February, 2006 [S.O.243(E)], dated the 23rd February, 2006.