Monday 25 March 2013

Exchange Rate effective from 22/03/2013

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS


Notification No. 31/2013-Customs (N.T.)


DATED THE 21st March, 2013

30 Phalguna, 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.28/2013-CUSTOMS (N.T.), dated the 7th March, 2013 vide number S.O.574(E), dated the 7th March, 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 22nd March, 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
57.30
55.75
2.
Bahrain Dinar
148.75
140.40
3.
Canadian Dollar
53.75
52.30
4.
Danish Kroner
9.55
9.25
5.
EURO
71.05
69.25
6.
Hong Kong Dollar
7.10
6.95
7.
Kenya Shilling
65.60
61.70
8.
Kuwait Dinar
197.20
185.45
9.
New Zealand Dollar
45.50
44.15
10.
Norwegian Kroner
9.50
9.20
11.
Pound Sterling
83.25
81.25
12.
Singapore Dollar
44.05
42.95
13.
South African Rand
6.05
5.70
14.
Saudi Arabian Riyal
14.95
14.10
15.
Swedish Kroner
8.55
8.30
16.
Swiss Franc
58.30
56.70
17.
UAE Dirham
15.25
14.40
18.
US Dollar
54.95
54.00


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
58.05
56.55



[F.No.468/03/2013-Cus.V]



(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVT. OF INDIA

TELE: 2309 4610

No comments:

Taxability of online games

Introduction: 1. Taxability of online winnings before the introduction of section 115BBJ of the Income Tax Act and section 194BA of the Inco...