GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
Notification No.88 / 2011 - Customs (N.T.)
Dated the 28th December, 2011
7 Pausha, 1933(SAKA)
S.O. (E). – In exercise of the powers conferred by section 14 of the Customs
Act, 1962 (52 of 1962), and in supersession of the notification of the
Government of India in the Ministry of Finance (Department of Revenue)
No.82/2011-CUSTOMS (N.T.), dated the 28th November, 2011 vide number S.O.
2684(E), dated the 28th November, 2011, except as respects things done or
omitted to be done before such supersession, 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
January, 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 |
54.30 |
53.10 |
| 2. |
Canadian Dollar |
52.35 |
51.15 |
| 3. |
Danish Kroner |
9.40 |
9.15 |
| 4. |
EURO |
69.90 |
68.30 |
| 5. |
Hong Kong Dollar |
6.85 |
6.75 |
| 6. |
Norwegian Kroner |
9.00 |
8.70 |
| 7. |
Pound Sterling |
83.45 |
81.65 |
| 8. |
Swedish Kroner |
7.80 |
7.55 |
| 9. |
Swiss Franc |
57.10 |
55.80 |
| 10. |
Singapore Dollar |
41.30 |
40.35 |
| 11. |
US Dollar |
53.25 |
52.45 |
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 |
68.65 |
66.90 |
(Abhinav gupta)
Under Secretary to the Govt. of India
[F.No.468/15/2011-Cus.V]
Tele: 2309 4610