70/2013-Customs (N.T.) dt.04/07/2013

 

Rate of exchange for conversion notified.

[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.70/2013-Customs (N.T.)
 

DATED THE 4th July, 2013
13 Shravana, 1935(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.63/2013-CUSTOMS (N.T.), dated the 20th June, 2013 vide number S.O.1771 (E), dated the 20th June, 2013, 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 5th July, 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 55.35 54.00
2. Bahrain Dinar 163.70 154.65
3. Canadian Dollar                57.60 56.25
4. Danish Kroner 10.60 10.25
5. EURO 78.80 76.90
6. Hong Kong Dollar 7.80 7.65
7. Kenya Shilling 71.95 67.60
8. Kuwait Dinar 216.35 203.70
9. New Zealand Dollar 47.00 45.80
10. Norwegian Kroner  9.95   9.65
11. Pound Sterling 91.95 89.80
12. Singapore Dollar 47.70 46.55
13. South African Rand 6.15 5.80
14. Saudi Arabian Riyal 16.45 15.55
15. Swedish Kroner 9.05 8.80
16. Swiss Franc 63.85 62.30
17. UAE Dirham 16.80 15.85
18. US Dollar 60.50 59.50
         
 

 
 

 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 60.30              58.80
         
 

 
 

[F.No.468/03/2013-Cus.V]
(M. SATISH KUMAR REDDY)
DIRECTOR (ICD)
TELE: 2309 3380

 

Opinion

This notification seeks to amend the notification no. 63/2013(N.T.) regarding rate of exchange of conversion of following foreign currency equivalent to India rupees for import and export of goods are as below:

Schedule -I

Sr. No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
    Prior Amend
    (For Imported Goods) (For Export Goods) (For Imported Goods) (For Export Goods)  
1 Australian Dollar 56.35 54.85 55.35 54.00  
2 Bahrain Dinar 160.20 151.30 163.70 154.65  
3 Canadian Dollar         58.15 56.60 57.60 56.25  
4 Danish Kroner 10.70 10.35 10.60 10.25  
5 EURO 79.45 77.65 78.80 76.90  
6 Hong Kong Dollar 7.65 7.50 7.80 7.65  
7 Kenya Shilling 70.50 66.55 71.95 67.60  
8 Kuwait Dinar 213.40 201.05 216.35 203.70  
9 New Zealand Dollar 47.50 46.25 47.00 45.80  
10 Norwegian Kroner 10.40 10.05  9.95   9.65  
11 Pound Sterling 92.75 90.75 91.95 89.80  
12 Singapore Dolla 47.15 46.00 47.70 46.55  
13 South African Rand 6.05 5.70 6.15 5.80  
14 Saudi Arabian Riyal 16.10 15.20 16.45 15.55  
15 Swedish Kroner 9.25 8.95 9.05 8.80  
16 Swiss Franc 64.70 63.05 63.85 62.30  
17 UAE Dirham 16.45 15.55 16.80 15.85  
18 US Dollar 59.20 58.20 60.50 59.50  

 SCHEDULE-II

Sr. No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
    Prior Amend
    (For Imported Goods) (For Export Goods) (For Imported Goods) (For Export Goods)  
  Japanese Yen 57.05 55.65 60.30              58.80