Tuesday 29 October 2013

Forex Rate for Service tax

[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.105/2013-Customs (N.T.)

Dated the 17th October, 2013
25 Asvina, 1935(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.103/2013-CUSTOMS (N.T.), dated the 3rd October, 2013 vide number S.O.2997 (E), dated the 3rd October, 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 18th October, 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
59.55
58.10
2.
Bahrain Dinar
168.30
159.10
3.
Canadian Dollar               
60.50
58.95
4.
Danish Kroner
11.40
11.00
5.
EURO
84.55
82.60
6.
Hong Kong Dollar
8.00
7.90
7.
Kuwait Dinar
224.75
212.15
8.
New Zealand Dollar
52.70
51.25
9.
Norwegian Kroner
10.45
10.15
10.
Pound Sterling
99.65
97.45
11.
Singapore Dollar
50.15
49.05
12.
South African Rand
6.45
6.05
13.
Saudi Arabian Riyal
16.90
16.00
14.
Swedish Kroner
9.65
9.40
15.
Swiss Franc
68.50
66.70
16.
UAE Dirham
17.25
16.35
17.
US Dollar
62.20
61.20







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
63.30
61.75
2.
Kenya Shilling
74.90
70.40







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


(M. SATISH KUMAR REDDY)
DIRECTOR (ICD)
TELE: 2309 3380

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