CUS NTF NO. 111/2005 (NT) DATE 27/12/2005

Exchange Rate effective from 1st January, 2006 Relates to export 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 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.105/2005-NT-Customs, dated the 25th November, 2005 [S.O.1659(E), dated the 25th November, 2005], the Board hereby 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 column (2) of each of Schedule I and Schedule II appended hereto into Indian currency or vice versa shall, with effect from the 1st January, 2006, be the rate mentioned against it in the corresponding entry in column (3) there of.

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	32.70
2	Canadian Dollar	38.45
3	Danish Kroner	7.10
4	EURO	53.20
5	Hong Kong Dollar	5.80
6	Norwegian Kroner	6.60
7	Pound Sterling	77.80
8	Swedish Kroner	5.60
9	Swiss Franc	34.15
10	Singapore Dollar	26.95
11	US Dollar	45.00

SCHEDULE-II

S.No.	Foreign Currency	Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)	(2)	(3)
1	Japanese Yen	38.60

F.No.468/17/2005-Cus.V

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

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