Monday 25 June 2012

CBEC notifies Rate of exchange of conversion of each of the foreign currency with effect from 22nd June, 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.52/2012 - Customs (N.T.)

DATED THE 21st June, 2012
31 Jyaistha, 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.49/2012-CUSTOMS (N.T.), dated the 7th June, 2012 videnumber S.O.1304 (E), dated the 7th 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 22nd June, 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
57.60
56.35
2.
Bahraini Dinar
152.50
144.40
3.
Canadian Dollar               
55.50
54.30
4.
Danish Kroner
9.65
9.40
5.
EURO
71.70
70.10
6.
Hong Kong Dollar
7.25
7.15
7.
Kenyan Shilling
68.35
64.50
8.
Kuwaiti Dinar
206.10
194.45
9.
Newzealand Dollar
45.10
43.85
10.
Norwegian Kroner
9.55
9.25
11.
Pound Sterling
88.90
87.05
12.
Singapore Dollar
44.55
43.65
13.
South African Rand
7.00
6.65
14.
South Arabian Riyal
15.35
14.50
15.
Swedish Kroner
8.15
7.90
16.
Swiss Franc
59.80
58.30
17.
UAE Dirham
15.65
14.80
18.
US Dollar
56.35
55.55

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
71.85
             70.05



[F.No.468/10/2012-Cus.V]


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



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