Eximkey - India Export Import Policy 2004 2013 Exim Policy
CUS NTF NO. 96/2005 (NT) DATE 26/10/2005

Exchange Rate effective from 1st November, 2005 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.84/2005-NT-Customs, dated the 27th September, 2005 [S.O.1408(E), dated the 27th September, 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 November, 2005, 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. Australian Dollar 33.60
2. Canadian Dollar 37.80
3. Danish Kroner 7.20
4. EURO 53.75
5. Hong Kong Dollar 5.80
6. Norwegian Kroner 6.85
7. Pound Sterling 79.35
8. Swedish Kroner 5.65
9. Swiss Franc 34.80
10. Singapore Dollar 26.55
11.US Dollar 44.95

SCHEDULE II

S.No. Foreign Currency Rate of exchange of 100 units of
foreign currency equivalent to Indian rupees
1. Japanese Yen 38.85

F.No.468/15/2005-Cus.V

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


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