CUS NTF NO. 115/2008 (NT) DATE 29/10/2008

Exchange Rate effective from 1st November 2008 relates to Import/export goods
In exercise of the powers conferred by 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.111/2008-CUSTOMS (N.T.), dated the 26th September, 2008 vide number S.O. 2296(E), dated the 26th September, 2008, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines 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 annexed hereto into Indian currency or vice versa shall, with effect from 1st November, 2008 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

SCHEDULE-I

S.No.	Foreign Currency	Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)	(2)	(3)
		(a)	(b)
		(For Imported Goods)	(For Export Goods)
1.	Australian Dollar	31.50	30.55
2.	Canadian Dollar	39.60	38.80
3.	Danish Kroner	8.60	8.35
4.	EURO	63.75	62.45
5.	Hong Kong Dollar	6.50	6.40
6.	Norwegian Kroner	7.25	7.05
7.	Pound Sterling	74.03 [OLD79.75]	72.45 [OLD78.10]
8.	Swedish Kroner	6.40	6.25
9.	Swiss Franc	43.60	42.70
10.	Singapore Dollar	33.55	32.85
11.	US Dollar	50.40	49.65

SCHEDULE-II

S.No.	Foreign Currency	Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)	(2)	(3)
		(a)	(b)
		(For Imported Goods)	(For Export Goods)
1.	Japanese Yen	51.22 [OLD53.90]	49.94 [OLD52.65]

(In this notification in Scheduled-I serial no.7 and Scheduled-II s.no.1 has been substituted vide CUS NTF NO. 128/2008 (NT) DATE 18/11/2008 effective from 19th November, 2008.)[F.No.468/20/2008-Cus.V]

(Aseem Kumar)
Under Secretary to the Government of India

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