Eximkey - India Export Import Policy 2004 2013 Exim Policy
CUS NTF NO. 115/2008 (NT) DATE 29/10/2008

Exchange Rate effective from 1st November 2008 relates to Import/export goods

In exercise of the powers conferred by 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.111/2008-CUSTOMS (N.T.), dated the 26th September, 2008 vide number S.O. 2296(E), dated the 26th September, 2008, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines 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 annexed hereto into Indian currency or vice versa shall, with effect from 1st November, 2008 be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

SCHEDULE-I

S.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For Imported Goods) (For Export Goods)
1. Australian Dollar 31.50 30.55
2. Canadian Dollar 39.60 38.80
3. Danish Kroner 8.60 8.35
4. EURO 63.75 62.45
5. Hong Kong Dollar 6.50 6.40
6. Norwegian Kroner 7.25 7.05
7. Pound Sterling 74.03 [OLD79.75] 72.45 [OLD78.10]
8. Swedish Kroner 6.40 6.25
9. Swiss Franc 43.60 42.70
10. Singapore Dollar 33.55 32.85
11. US Dollar 50.40 49.65

SCHEDULE-II

S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1) (2) (3)
(a) (b)
(For Imported Goods) (For Export Goods)
1. Japanese Yen51.22 [OLD53.90]49.94 [OLD52.65]

(In this notification in Scheduled-I serial no.7 and Scheduled-II s.no.1 has been substituted vide CUS NTF NO. 128/2008 (NT) DATE 18/11/2008 effective from 19th November, 2008.)[F.No.468/20/2008-Cus.V]

(Aseem Kumar)
Under Secretary to the Government of India


Presented by eximkey.com

Trade Intelligence
Search for latest information on item wise exports and imports, from all major Indian ports.

Username
Password