49/2012-Cus(N.T.), Dated: 07/06/2012

 

Rate of exchange of conversion of each of the foreign currency with effect from 8th June, 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.49/2012-Customs (N.T.)

Dated the 7th June, 2012
17 Jyaistha, 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.38/2012-CUSTOMS (N.T.), dated the 26th April, 2012 vide number S.O.924 (E), dated the 26th April, 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 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
         
 

[F.No.468/10/2012-Cus.V]
 
(Abhinav Gupta)
Under Secretary to the Govt. of India
Tele: 2309 4610

Opinion

The Exchange rate of specified Foreign Currency into Indian Rupee and vice versa for the purpose of Import and export of goods is notified which will be effective from 08.06.2012 onwards.