Thursday 16 May 2013

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


 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.52/2013-CUSTOMS (N.T.), dated the 2nd May, 2013 vide number S.O.1121(E), dated the 2nd May, 2013, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs(CBEC) 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 17th 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
55.05
53.55
2.
Bahrain Dinar
149.75
141.35
3.
Canadian Dollar               
54.50
53.15
4.
Danish Kroner
9.65
9.35
5.
EURO
71.80
70.00
6.
Hong Kong Dollar
7.15
7.00
7.
Kenya Shilling
67.60
63.50
8.
Kuwait Dinar
197.70
185.95
9.
New Zealand Dollar
45.65
44.45
10.
Norwegian Kroner
9.55
9.25
11.
Pound Sterling
84.50
82.50
12.
Singapore Dollar
44.70
43.55
13.
South African Rand
6.10
5.75
14.
Saudi Arabian Riyal
15.05
14.20
15.
Swedish Kroner
8.35
8.10
16.
Swiss Franc
57.50
56.05
17.
UAE Dirham
15.35
14.50
18.
US Dollar
55.30
54.35

 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
54.40
             53.00

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