Monday, 23 July 2012

Rate of Exchange effective from 06/07/2012

[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.56/2012 - Customs (N.T.)

Dated the 5th July, 2012
14 Asadha, 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.52/2012-CUSTOMS (N.T.), dated the 21st June, 2012 vide number S.O.1394 (E), dated the 21st June, 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 6th July, 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
56.65
55.40
2.
Bahrain Dinar
148.55
140.60
3.
Canadian Dollar
54.35
53.15
4.
Danish Kroner
9.35
9.10
5.
EURO
69.30
67.70
6.
Hong Kong Dollar
7.10
6.95
7.
Kenya Shilling
66.85
62.85
8.
Kuwait Dinar
200.05
189.00
9.
Newzeland Dollar
44.30
43.25
10.
Norwegian Kroner
9.25
9.00
11.
Pound Sterling
86.30
84.45
12.
Singapore Dollar
43.65
42.65
13.
South African Rand
6.95
6.55
14.
Saudi Arabian Riyal
14.95
14.15
15.
Swedish Kroner
7.95
7.75
16.
Swiss Franc
57.75
56.45
17.
UAE Dirham
15.25
14.45
18.
US Dollar
54.90
54.05


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
69.15
67.40


[F.No.468/13/2012-Cus.V]


(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA
TELE: 2309 4610

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