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Central Board of Excise and Customs (CBEC), Department of Revenue,  Ministry of Finance vide its Notification No. 49/2012-CUSTOMS (N.T.) dated 07th June,2012 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 8th June, 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

55.55

54.15

2.

Bahraini Dinar

150.30

142.25

3.

Canadian Dollar               

54.30

53.00

4.

Danish Kroner

9.45

9.20

5.

EURO

69.95

68.40

6.

Hong Kong Dollar

7.15

7.05

7.

Kenyan Shilling

66.35

62.60

8.

Kuwaiti Dinar

202.60

191.10

9.

Newzealand Dollar

43.05

42.00

10.

Norwegian Kroner

9.20

8.95

11.

Pound Sterling

86.20

84.40

         

12.

Singapore Dollar

43.65

42.75

13.

South African Rand

6.85

6.45

14.

South Arabian Riyal

15.10

14.30

15.

Swedish Kroner

7.80

7.55

16.

Swiss Franc

58.30

57.00

17.

UAE Dirham

15.45

14.60

18.

US Dollar

55.55

54.70

 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

70.35

             68.60

         


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