image

Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified

In excise of the powers conferred by section 14 of the Customs  Act, 1962 (52 of 1962), the Central Board of Excise & Customs (CBEC) hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue ) No. 59/2013-CUSTOMS (N.T.) dated the 6th June, 2013 published in the Gazette of India, part II, Section 3, Sub-section (ii), Extraordinary vide number  S.O.1465[E], dated 6th June, 2013, namely:-

In the Schedule-I of the said Notification, for Serial Nos. 3, 5,11& 16 and in Schedule-II of the said notification for  Serial No. 1, and the entries relating thereto, the following shall be substituted, namely:-

SCHEDULE-I

S.No.

Foreign Currency

Rate of exchange of one units of foreign currency equivalent to Indian Rupees

(1)

(2)

(3)

(a)

(b)

(for imported Goods )

(For Export Goods)

3

Canadian Dollar

57.95

56.55

5

EURO

78.40

76.45

11

Pound Sterling

91.90

89.75

16

Swiss Franc

63.40

61.65

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

60.05

58.55

 

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Recent Articles

Recent Legal updates

Recent Gst Updates