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Ministry of Finance06-December, 2012 18:28 IST
Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

 

 

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.99/2012-CUSTOMS (N.T.), dated the 16th November, 2012 vide number S.O.2719(E), dated the 16th November, 2012, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs (CBEC) 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 7th December, 2012 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

57.90

56.30

2.

Bahrain Dinar

148.85

140.45

3.

Canadian Dollar               

55.70

54.10

4.

Danish Kroner

9.75

9.40

5.

EURO

72.30

70.50

6.

Hong Kong Dollar

7.10

6.95

7.

Kenya Shilling

65.50

61.55

8.

Kuwait Dinar

199.55

188.15

9.

New Zealand Dollar

45.65

44.30

10.

Norwegian Kroner

9.85

9.55

11.

Pound Sterling

88.80

86.85

 

 

12.

Singapore Dollar

45.25

44.20

13.

South African Rand

6.40

6.00

14.

Saudi Arabian Riyal

14.95

14.10

15.

Swedish Kroner

8.40

8.15

16.

Swiss Franc

59.60

57.95

17.

UAE Dirham

15.30

14.40

18.

US Dollar

55.00

54.00

 

                                                              

 

 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

67.20

             65.35

 

 

 

******

 

DSM/RS/Ka


(Release ID :90125)

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