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Business & Trade - RATES OF EXCHANGE

Rates of Exchange

TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY
DATED THE 24TH FEBRUARY, 2004

5, PHALGUNA, 1925 (SAKA)

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE & CUSTOMS

DATED THE 24TH FEBRUARY, 2004
5, PHALGUNA, 1925 (SAKA)

Notification
No. 23/2004-NT-CUSTOMS

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. 11/2004- NT-Customs, dated the 27th January, 2004 [S.O. 121(E), dated the 27th January, 2004], the Board hereby 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 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, 2004, be the rate mentioned against it in the corresponding entry in column (3) thereof.

SCHEDULE-I

Sr. No.	Foreign Currency	Rates of exchange of one unit of foreign currency equivalent to Indian rupees
1.	AUSTRALIAN DOLLAR	34.80
2.	CANADIAN DOLLAR	33.70
3.	DANISH KRONER	7.55
4.	EURO	56.30
5.	HONG KONG DOLLAR	5.80
6.	NORWEGIAN KRONER	6.40
7.	POUND STERLING	83.70
8.	SWEDISH KRONER	6.15
9.	SWISS FRANCS	35.70
10.	SINGAPORE DOLLAR	26.55
11.	U.S. DOLLAR	45.10

SCHEDULE-II

Sr. No.	Foreign Currency	Rates of exchange of 100 unit of foreign currency equivalent to Indian rupees
1.	JAPANESE YEN	41.45

F. No. 468/4/2004-Cus. V

(N.J. Kumaresh)
Under Secretary to the Government of India

To,
The Manager,
Government of India Press,
Mayapuri, Ring Road, New Delhi.

Copy to :- Dte. of Publicity & Public Relations, Customs and Central Excise, New Delhi.

(N.J. Kumaresh)
Under Secretary to the Government of India

TO BE PUBLISHED IN PART-II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRA-ORDINARY
DATED THE 24TH FEBRUARY, 2004

5, PHALGUNA, 1925 (SAKA)

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE & CUSTOMS

DATED THE 24TH FEBRUARY, 2004
5, PHALGUNA, 1925 (SAKA)

Notification
No. 23/2004-NT-CUSTOMS

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. 10/2004- NT-Customs, - NT-Customs, dated the 27th January, 2004 [S.O. 120 (E), dated the 27th January, 2004], 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, 2004, be the rate mentioned against it in the corresponding entry in column (3) thereof.

Sr. No.	Foreign Currency	Rates of exchange of one unit of foreign currency equivalent to Indian rupees
1.	AUSTRALIAN DOLLAR	35.15
2.	CANADIAN DOLLAR	34.00
3.	DANISH KRONER	7.65
4.	EURO	56.90
5.	HONG KONG DOLLAR	5.85
6.	NORWEGIAN KRONER	6.45
7.	POUND STERLING	84.45
8.	SWEDISH KRONER	6.20
9.	SWISS FRANCS	36.05
10.	SINGAPORE DOLLAR	26.80
11.	U.S. DOLLAR	45.45

SCHEDULE-II

Sr. No.	Foreign Currency	Rates of exchange of 100 unit of foreign currency equivalent to Indian rupees
1.	JAPANESE YEN	41.85

F. No. 468/4/2004-Cus. V

(N.J. Kumaresh)
Under Secretary to the Government of India

To,
The Manager,
Government of India Press,
Mayapuri, Ring Road, New Delhi.

Copy to :- Dte. of Publicity & Public Relations, Customs and Central Excise, New Delhi.

(N.J. Kumaresh)
Under Secretary to the Government of India

Mumbai Customs