Friday 8 February 2013

Service Tax - Exchange Rate effective

[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.20/2013-Customs (N.T.)
DATED THE 7th February, 2013
18 Magha, 1934(SAKA)
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 the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.5/2013-CUSTOMS (N.T.), dated the 17th January, 2013 vide number S.O.190(E), dated the 17th January, 2013, 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 8th February, 2013 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
55.65
54.25
2.
Bahrain Dinar
144.80
136.55
3.
Canadian Dollar
53.90
52.50
4.
Danish Kroner
9.80
9.50
5.
EURO
72.90
71.05
6.
Hong Kong Dollar
6.90
6.75
7.
Kenya Shilling
62.35
58.70
8.
Kuwait Dinar
194.00
182.90
9.
New Zealand Dollar
45.45
44.10
10.
Norwegian Kroner
9.85
9.50
11.
Pound Sterling
84.00
81.95
12.
Singapore Dollar
43.40
42.35
13.
South African Rand
6.20
5.80
14.
Saudi Arabian Riyal
14.55
13.75
15.
Swedish Kroner
8.50
8.25
16.
Swiss Franc
59.25
57.55
17.
UAE Dirham
14.85
14.00
18.
US Dollar
53.50
52.50
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
57.30
55.80
[F.No.468/03/2013-Cus.V]
(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA
TELE: 2309 4610

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