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 today
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.80/2012-CUSTOMS (N.T.), dated the 6th
September, 2012 vide number S.O. 2040 (E), dated the 6th
September, 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 21st September, 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
|
57.20
|
55.95
|
|
|
2.
|
Bahrain Dinar
|
148.15
|
140.20
|
|
|
3.
|
Canadian
Dollar
|
56.30
|
54.85
|
|
|
4.
|
Danish Kroner
|
9.60
|
9.35
|
|
|
5.
|
EURO
|
71.40
|
69.80
|
|
|
6.
|
Hong Kong Dollar
|
7.05
|
6.95
|
|
|
7.
|
Kenya Shilling
|
65.95
|
62.20
|
|
|
8.
|
Kuwait Dinar
|
199.10
|
188.20
|
|
|
9.
|
New Zealand Dollar
|
45.45
|
44.35
|
|
|
10.
|
Norwegian Kroner
|
9.65
|
9.35
|
|
|
11.
|
Pound Sterling
|
88.95
|
87.05
|
|
|
12.
|
Singapore Dollar
|
44.85
|
43.85
|
|
|
13.
|
South African Rand
|
6.75
|
6.35
|
|
|
14.
|
Saudi Arabian Riyal
|
14.90
|
14.10
|
|
|
15.
|
Swedish Kroner
|
8.45
|
8.20
|
|
|
16.
|
Swiss Franc
|
59.15
|
57.65
|
|
|
17.
|
UAE Dirham
|
15.20
|
14.40
|
|
|
18.
|
US Dollar
|
54.75
|
53.90
|
|
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
|
70.30
|
68.50
|
|
Source: Ministry of Finance
Dated: 21.09.12
With Regards
Prakash Verma
E Id: prkverma@gmail.com
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