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Exchange Rates Relating to Imported and Export Goods Notified

June 8, 2012 by rajasinghmurugesan Leave a Comment

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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Filed Under: CG Staff news

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