Customs Notification No- 38/2012 (NT) dated 26.04.2012
Rate of exchange of conversion of each of the foreign currency with effect from
1st May, 2012
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.26/2012-CUSTOMS (N.T.), dated the 28th March, 2012 vide number S.O. 625 (E),
dated the 28th March, 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 1st May, 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 |
54.95 |
53.70 |
| 2. |
Canadian Dollar |
54.05 |
52.65 |
| 3. |
Danish Kroner |
9.50 |
9.20 |
| 4. |
EURO |
70.35 |
68.70 |
| 5. |
Hong Kong Dollar |
7.20 |
7.10 |
| [OLD-5. |
Hong Kong Dollar |
6.85 |
6.75] |
| 6. |
Norwegian Kroner |
9.35 |
9.05 |
| 7. |
Pound Sterling |
86.00 |
84.15 |
| 8. |
Swedish Kroner |
7.95 |
7.70 |
| 9. |
Swiss Franc |
58.50 |
57.10 |
| 10. |
Singapore Dollar |
42.70 |
41.80 |
| 11. |
US Dollar |
55.95 |
55.15 |
| [OLD-11. |
US Dollar |
53.10 |
52.25] |
(Above exchange rate for the Hong Kong Dollar & US Dollar has been substituted
vide Customs Notification
No- 45/2012 (NT) dated 24.05.2012 effective
from 25nd May, 2012)
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 |
69.65 |
67.90 |
| [OLD-1. |
Japanese Yen |
65.50 |
63.85] |
(Above exchange rate for the Japanese Yen has been substituted vide Customs
Notification No- 44/2012 (NT) dated 21.05.2012effective
from 22nd May, 2012)
[F.No.468/07/2012-Cus.V]
(abhinav gupta)
Under Secretary to The Govt. of India