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GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS

28^TH JULY, 2008

NOTIFICATION NO.98/2008(NT)-CUSTOMS

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.79/2008(NT)-CUSTOMS, dated the 25^th June, 2008 vide number S.O. 1551(E), dated the 25^th June, 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 1^st August, 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	40.85	40.10
2.	Canadian Dollar	42.05	41.25
3.	Danish Kroner	9.00	8.80
4.	EURO	66.95	65.70
5.	Hong Kong Dollar	5.45	5.40
6.	Norwegian Kroner	8.25	8.10
7.	Pound Sterling	84.60	83.20
8.	Swedish Kroner	7.05	6.95
9.	Swiss Franc	41.20	40.45
10.	Singapore Dollar	31.35	30.75
11.	U.S. Dollar	42.55	41.95

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 Yen	39.90	39.15

[F.No.468/13/2008-Cus.V]

(SWARN DASS)

Under Secretary to the Government of India

Go to "Customs Update - 2008" Listings

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