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    Case ID :

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

    April 18, 2013

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    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.35/2013-CUSTOMS (N.T.), dated the 4th April, 2013 vide number S.O.925 (E), dated the 4th April, 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 19th April, 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

    56.70

    55.15

    2.

    Bahrain Dinar

    147.50

    139.20

    3.

    Canadian Dollar              

    53.55

    52.10

    4.

    Danish Kroner

    9.70

    9.40

    5.

    EURO

    72.10

    70.25

    6.

    Hong Kong Dollar

    7.05

    6.90

    7.

    Kenya Shilling

    66.35

    62.25

    8.

    Kuwait Dinar

    195.60

    184.25

    9.

    New Zealand Dollar

    46.35

    45.10

    10.

    Norwegian Kroner

    9.60

    9.25

    11.

    Pound Sterling

    83.95

    81.90

    12.

    Singapore Dollar

    44.30

    43.25

    13.

    South African Rand

    6.10

    5.75

    14.

    Saudi Arabian Riyal

    14.85

    14.00

    15.

    Swedish Kroner

    8.60

    8.35

    16.

    Swiss Franc

    59.25

    57.70

    17.

    UAE Dirham

    15.15

    14.30

    18.

    US Dollar

    54.50

    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

    55.75

                 54.30

    (Release ID :94767)

    (Release ID :94767) 

     

    Topics

    ActsIncome Tax