CUS NTF NO. 114/2008 (NT) DATE 24/10/2008

Amendments in the Exchange Rate effective from 24th October, 2008
In exercise of powers conferred by Section 14 of Customs Act, 1962 (52 of 1962), the Board hereby makes the following amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 111/2008-Customs(N.T.) dated the 26 th September, 2008 [S.O. 2296(E)] namely:-

In the Scheduled-I of the said Notifications for serial no.1, 2, 5, 6, 8, 11 and Scheduled-II for s.no.1 and the entries relating thereto, the following shall be substituted, namely:-

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	33.09	32.18
2.	Canadian Dollar	40.18	39.29
5.	Hong Kong Dollar	6.49	6.38
6.	Norwegian Kroner	7.27	7.06
8.	Swedish Kroner	6.50	6.33
11.	U.S. Dollar	50.33	49.51

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	52.62	51.32

The rates will be effective from 24 th October, 2008.

[F.No.468/19/2008-Cus.V]

(Aseem Kumar)
UNDER SECRETARY TO THE GOVT. OF INDIA

Presented by eximkey.com