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CUS NTF NO. 93/2006 (NT) DATE 28/08/2006

Exchange Rate effective from 1st September, 2006 Relates to exported goods

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.84/2006-NT-Customs, dated the 26th July, 2006 [S.O.1186(E), dated the 26th July, 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 September, 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 CurrencyRate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)(2)(3)
1Australian Dollar35.10
2Canadian Dollar41.70
3Danish Kroner7.90
4EURO59.05
5Hong Kong Dollar5.95
6Norwegian Kroner7.30
7Pound Sterling87.30
8Swedish Kroner6.40
9Swiss Franc37.35
10Singapore Dollar29.30
11US Dollar46.30


SCHEDULE - II


S.No.Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)(2)(3)
1Japanese Yen39.60


F.No.468/12/2006-Cus.-V

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

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