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CUS NTF NO. 110/2007 (NT) DATE 26/10/2007

Exchange Rate effective from 1st November, 2007 relates to Import/export goods

S.O. (E).-In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notifications of the Government of India in the Ministry of Finance (Department of Revenue) No.99/2007(NT)-CUSTOMS, dated the 25th September, 2007 vide number S.O. 1595(E), dated the 25th September, 2007 and notification No.100/2007(NT)-CUSTOMS, dated the 25th September, 2007 vide number S.O.1596 (E), dated the 25th September, 2007, 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, 2007 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported goods 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 Dollar36.0535.35
2. Canadian Dollar 41.30 40.35
3. Danish Kroner7.657.50
4. EURO57.0055.95
5. Hong Kong Dollar5.155.05
6.Norwegian Kroner7.357.20
7.Pound Sterling81.7080.30
8.Swedish Kroner6.206.05
9.Swiss Franc34.0533.40
10.Singapore Dollar27.3526.85
11.US Dollar39.8539.25

SCHEDULE-II
S.No. Foreign CurrencyRate 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 Yen35.0534.35

[F.No.468/12/2007-Cus.V]

(RAHUL NANGARE)
Under Secretary to the Government of India


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