Eximkey - India Export Import Policy 2004 2013 Exim Policy
CUS NTF NO.10/2005 (NT) DATE 25/01/2005

Exchange Rate effective from 1st February, 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.149/2004-NT-Customs, dated the 28th December, 2004 [S.O.1420(E), dated the 28th December, 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 February, 2005, be the rate mentioned against it in the corresponding entry in column (3) thereof.
SCHEDULE-I

S.No.Foreign CurrencyRate of exchange of one unit of foreign currency
equivalent to Indian rupees
(1)(2)(3)
1.Australian Dollar33.55
2.Canadian Dollar36.60
3.Danish Kroner7.65
4.EURO56.85
5.Hong Kong Dollar5.60
6.Norwegian Kroner6.90
7.Pound Sterling81.70
8.Swedish Kroner6.25
9.Swiss Franc36.70
10.Singapore Dollar26.65
11.US Dollar43.55

SCHEDULE-II

S.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)(2)(3)
1.Japanese Yen42.30

F.No.468/3/2005-Cus.V

Sd/-
(V. KEZO)
Under Secretary to the Government of India


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