Tuesday 12 June 2012

Exchange Rates Relating to Imported and Export Goods Notified


Central Board of Excise and Customs (CBEC), Department of Revenue,  Ministry of Finance vide its Notification No. 49/2012-CUSTOMS (N.T.) dated 07th June,2012 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 8th June, 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
55.55
54.15
2.
Bahraini Dinar
150.30
142.25
3.
Canadian Dollar               
54.30
53.00
4.
Danish Kroner
9.45
9.20
5.
EURO
69.95
68.40
6.
Hong Kong Dollar
7.15
7.05
7.
Kenyan Shilling
66.35
62.60
8.
Kuwaiti Dinar
202.60
191.10
9.
Newzealand Dollar
43.05
42.00
10.
Norwegian Kroner
9.20
8.95
11.
Pound Sterling
86.20
84.40

12.
Singapore Dollar
43.65
42.75
13.
South African Rand
6.85
6.45
14.
South Arabian Riyal
15.10
14.30
15.
Swedish Kroner
7.80
7.55
16.
Swiss Franc
58.30
57.00
17.
UAE Dirham
15.45
14.60
18.
US Dollar
55.55
54.70

                                                              

 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
70.35
             68.60

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