MINISTRY OF FINANCE ISSUED EXCHANGE RATE FOR IMPORT - EXPORT

DEAR ALL,

PLEASE FIND ENCLOSED HEREWITH THE EXCHANGE RATES , FOR EXPORTS AND IMPORTS FOR THEMONTH  SEPTEMBER -2010.

REGARDS,

********************************************

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

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

 

Notification No.77/2010 – Customs (N.T.)

 

Dated the 27th August, 2010

 5 Bhadrapada, 1932(SAKA)

 

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.67/2010-CUSTOMS (N.T.), dated the 28th July, 2010 vide number S.O.1850 (E), dated the 28th July, 2010,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 1st September, 2010 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

42.15

40.90

2.

Canadian Dollar               

44.85

43.60

3.

Danish Kroner

8.10

7.85

4.

EURO

60.35

58.70

5.

Hong Kong Dollar

6.10

5.95

6.

Norwegian Kroner

7.60

7.35

7.

Pound Sterling

73.70

71.80

8.

Swedish Kroner

6.40

6.20

9.

Swiss Franc

46.10

44.85

10.

Singapore Dollar

35.00

34.05

11.

US Dollar

47.25

46.30

         

 

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

55.95

       54.35

         

 

 

[F.No.468/10/2010-Cus.V]

 

(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVT. OF INDIA

TELE: 2309 4610

Replies (2)

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Hi,

Why is the rates issued by customs authorities?

 

Kalyan

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