CUS NTF NO. 124/2004 (NT) DATE 26/10/2004

Exchange Rate effective from 1st November, 2004 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.110/2004-NT-Customs, dated the 27th September, 2004 [S.O.1052(E), dated the 27th September, 2004], 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, 2004, 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	34.05
2.	Canadian Dollar	37.25
3.	Danish Kroner	7.85
4.	EURO	58.30
5.	Hong Kong Dollar	5.85
6.	Norwegian Kroner	7.10
7.	Pound Sterling	83.80
8.	Swedish Kroner	6.45
9.	Swiss Franc	38.05
10.	Singapore Dollar	27.35
11.	US Dollar	45.45

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	42.65

F.No.468/14/2004-Cus.V

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

(Last amended vide CUS NTF NO. 130/2004 (NT) DATE 24/11/2004)

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