CUS NTF NO. 16/2006 (NT) DATE 23/02/2006

Exchange Rate effective from 1st March, 2006 Relates to imported goods
S.O. (E) - In exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of 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.5/2006-NT-Customs, dated the 25th January, 2006 [S.O.92(E) dated the 25th January, 2006], 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, 2006, be the rate mentioned against it in the corresponding entry in column (3) thereof.

SCHEDULE-I

S. No.	Foreign Currency	Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)	(2)	(3)
1.	Australian Dollar	33.15
2.	Canadian Dollar	39.00
3.	Danish Kroner	7.15
4.	EURO	53.35
5.	Hong Kong Dollar	5.75
6.	Norwegian Kroner	6.65
7.	Pound Sterling	78.15
8.	Swedish Kroner	5.70
9.	Swiss Franc	34.20
10.	Singapore Dollar	27.45
11.	US Dollar	44.65

SCHEDULE-II

S. No.	Foreign Currency	Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
1.	Japanese Yen	37.75

F.No.468/4/2006-Cus.V

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

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