Rate of exchange.

 

Notification No. 84/2012-Customs (N.T.), Dated the 20th September, 2012

S.O.       (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of thenotification of the Government of India in theMinistry of Finance (Department of Revenue) No.80/2012-CUSTOMS (N.T.), dated the 6thSeptember, 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 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 ZealandDollar

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
         
 

 [F.No.468/15/2012-Cus.V]

(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVT. OF INDIA

TELE: 2309 4610

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