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CUS NTF NO. 05/2008 (NT) DATE 28/01/2008

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

S.O. (E).-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.123/2007(NT)-CUSTOMS, dated the 26th December, 2007 vide number S.O. 2184(E), dated the 26th December, 2007, 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 February, 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 CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian Rupees
(1) (2) (3)
  (a) (b)
  (For Imported Goods)(For Export Goods)
1. Australian Dollar 34.95 34.25
2. Canadian Dollar 39.40 38.65
3. Danish Kroner 7.85 7.65
4. EURO 58.40 57.35
5. Hong Kong Dollar 5.10 5.00
6. Norwegian Kroner 7.25 7.10
7. Pound Sterling 78.55 77.20
8. Swedish Kroner 6.15 6.05
9. Swiss Franc 36.35 35.65
10. Singapore Dollar 27.95 27.45
11. US Dollar 39.70 39.15

SCHEDULE-II

S.No.Foreign CurrencyRate 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 Yen 37.40 36.65

[F.No.468/2/2008-Cus.V]

(ASEEM KUMAR)
Under Secretary to the Government of India


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