CBEC notifies Exchange Rate to calculate custom duty for the Month of April 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. 26 / 2012 - Customs (N.T.)

Dated 28^th March, 2012

8 Chaitra, 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.14/2012-CUSTOMS (N.T.), dated the 27^th February, 2012vide number S.O. 338 (E), dated the 27^th February, 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 1^st April, 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	54.30	53.05
2.	Canadian Dollar	52.15	50.90
3.	Danish Kroner	9.30	9.05
4.	EURO	69.00	67.40
5.	Hong Kong Dollar	6.65	6.50
6.	Norwegian Kroner	9.15	8.85
7.	Pound Sterling	82.50	80.70
8.	Swedish Kroner	7.80	7.55
9.	Swiss Franc	57.20	55.80
10.	Singapore Dollar	41.00	40.15
11.	US Dollar	51.50	50.65

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	62.45	60.80

[F.No.468/06/2012-Cus.V]

(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVT. OF INDIA

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