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Rate of exchange of conversion of each of the foreign currency with effect from 2nd November, 2012
November, 02nd 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.97/2012-Customs (N.T.)

 

DATED THE 1st November, 2012

10 Kartika, 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.95/2012-CUSTOMS (N.T.), dated the 18th October, 2012vide number S.O.2518 (E), dated the 18th October, 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 2nd November, 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

56.85

55.30

2.

Bahrain Dinar

147.50

139.15

3.

Canadian Dollar               

54.80

53.45

4.

Danish Kroner

9.55

9.25

5.

EURO

70.90

69.10

6.

Hong Kong Dollar

7.05

6.90

7.

Kenya Shilling

65.35

61.55

8.

Kuwait Dinar

198.05

186.45

9.

New Zealand Dollar

45.00

43.80

10.

Norwegian Kroner

9.60

9.30

11.

Pound Sterling

87.95

85.85

12.

Singapore Dollar

44.80

43.75

13.

South African Rand

6.45

6.05

14.

Saudi Arabian Riyal

14.85

14.00

15.

Swedish Kroner

8.25

8.00

16.

Swiss Franc

58.80

57.30

17.

UAE Dirham

15.15

14.30

18.

US Dollar

54.55

53.55

 

 

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

68.90

             66.95

 

 

[F.No.468/17/2012-Cus.V]

 

(M. SATISH KUMAR REDDY)

DIRECTOR (ICD)

TELE: 2309 3380

 
 
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