Customs Rate of exchange for conversion of foreign currency for Sept, 2011

[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.62/2011-CUSTOMS (N.T.)

DATED THE 26th August, 2011

4 Bhadrapada, 1933(SAKA)

S.O.       (E). In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.51/2011-CUSTOMS (N.T.), dated the 27th July, 2011 vide number S.O.1749 (E), dated the 27th July,  2011, except as respects things done or omitted to be done before such supersession, 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 1st September, 2011 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

48.85

47.65

2.

Canadian Dollar

47.35

46.10

3.

Danish Kroner

9.05

8.80

4.

EURO

67.25

65.60

5.

Hong Kong Dollar

5.95

5.85

6.

Norwegian Kroner

8.65

8.35

7.

Pound Sterling

76.45

74.65

8.

Swedish Kroner

7.40

7.15

9.

Swiss Franc

58.90

57.15

10.

Singapore Dollar

38.60

37.70

11.

US Dollar

46.55

45.75

 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

60.80

       59.10

[F.No.468/11/2011-Cus.V]

(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVT. OF INDIA

TELE: 2309 4610

 

To

     The Manager,

     Government of India Press,

     Mayapuri, Ring Road, New Delhi.

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