Rate of Exchange of Conversion of Foreign
Currency into Indian Currency or
Vice Versa Relating to Imported and Export Goods
Notified;
To Come into Effect from 17th November, 2012
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.97/2012-CUSTOMS (N.T.),
dated the 1st November, 2012 vide number
S.O.2669 (E), dated the 1st November, 2012, except as respects
things done or omitted to be done before such super session, 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 given below into Indian currency or vice
versa shall, with effect from 17th November,
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
|
57.85
|
56.45
|
|
2.
|
Bahrain Dinar
|
150.25
|
141.80
|
|
3.
|
Canadian
Dollar
|
55.65
|
54.10
|
|
4.
|
Danish Kroner
|
9.55
|
9.25
|
|
5.
|
EURO
|
70.90
|
69.25
|
|
6.
|
Hong Kong Dollar
|
7.15
|
7.05
|
|
7.
|
Kenya Shilling
|
66.40
|
62.30
|
|
8.
|
Kuwait Dinar
|
200.95
|
189.05
|
|
9.
|
New Zealand Dollar
|
45.35
|
44.05
|
|
10.
|
Norwegian Kroner
|
9.70
|
9.40
|
|
11.
|
Pound Sterling
|
88.25
|
86.15
|
|
12.
|
Singapore Dollar
|
45.60
|
44.40
|
|
13.
|
South African Rand
|
6.35
|
6.00
|
|
14.
|
Saudi Arabian Riyal
|
15.10
|
14.25
|
|
15.
|
Swedish Kroner
|
8.25
|
8.00
|
|
16.
|
Swiss Franc
|
59.05
|
57.40
|
|
17.
|
UAE Dirham
|
15.40
|
14.55
|
|
18.
|
US Dollar
|
55.50
|
54.55
|
|
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
|
69.55
|
67.65
|
|
Source:- Ministry of Finance
With Regards
Prakash Verma
E Id. Prkverma@gmail.com
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