111/2012-Cus(NT). dated 20-12-2012
 

Rate of exchange of conversion of each of the foreign currency with effect from 20th December, 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.111/2012-Customs (N.T.)

 

DATED THE 20th December, 2012
29 Agrahayana, 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.108/2012-CUSTOMS (N.T.), dated the 6th December, 2012 vide number S.O. 2838 (E), dated the 6th December, 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 21st December, 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 58.35 56.90
2. BahrainDinar 149.65 141.25
3. Canadian Dollar                56.25 54.85
4. Danish Kroner 9.90 9.60
5. EURO 73.55 71.70
6. Hong KongDollar 7.15 7.00
7. KenyaShilling 65.75 61.85
8. KuwaitDinar 200.90 188.95
9. New ZealandDollar 46.60 45.35
10. Norwegian Kroner 9.95 9.65
11. Pound Sterling 90.25 88.15
12. SingaporeDollar 45.50 44.45
13. South African Rand 6.70 6.30
14. Saudi Arabian Riyal 15.05 14.20
15. Swedish Kroner 8.45 8.20
16. Swiss Franc 60.95 59.35
17. UAE Dirham 15.35 14.50
18. US Dollar 55.30 54.30
         
 
 
 
 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 65.90              64.15
         
 
 
 

[F.No.468/18/2012-Cus.V]
 
 
(Abhinav Gupta)
Under Secretary to the Govt. of India
Tele: 2309 4610

Opinion

Notifies rate of exchange for conversion of foreign currency w.e.f. 20.12.2012.