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CBEC notification on Foreign Exchange conversion rates

 [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. 52/2013-CUSTOMS (N.T.)

DATED THE 2nd May, 2013

12 Vaisakha, 1935(SAKA)

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.40/2013-CUSTOMS (N.T.), dated the 18th April, 2013 vide number S.O.993 (E), dated the 18th April, 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 3rd May, 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

56.85

55.30

2.

Bahrain Dinar

147.95

139.60

3.

Canadian Dollar

54.25

52.90

4.

Danish Kroner

9.65

9.35

5.

EURO

71.90

70.05

6.

Hong Kong Dollar

7.05

6.90

7.

Kenya Shilling

66.80

62.65

8.

Kuwait Dinar

196.20

184.80

9.

New Zealand Dollar

47.00

45.75

10.

Norwegian Kroner

9.45

9.15

11.

Pound Sterling

84.85

82.95

12.

Singapore Dollar

44.45

43.40

13.

South African Rand

6.20

5.85

14.

Saudi Arabian Riyal

14.85

14.05

15.

Swedish Kroner

8.40

8.15

16.

Swiss Franc

58.60

56.95

17.

UAE Dirham

15.20

14.35

18.

US Dollar

54.65

53.70

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

56.05

             54.60

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

(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVERNMENT OF INDIA

TELE: 2309 4610

Tags: Central Board of Excise and CustomsControlled Substances ActCurrencyExchange rateGovernment of IndiaIndiaKuwaiti dinarministry of finance

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