GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
NOTIFICATION NO.14/2012-CUSTOMS (N.T.)
DATED THE 27th February, 2012
8 Phalguna, 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.9/2012-CUSTOMS (N.T.), dated the 30th January, 2012 vide number S.O. 189 (E),
dated the 30th January, 2012, 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 March,
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 |
53.25 |
52.00 |
| 2. |
Canadian Dollar |
49.80 |
48.50 |
| 3. |
Danish Kroner |
8.95 |
8.70 |
| 4. |
EURO |
66.35 |
64.75 |
| 5. |
Hong Kong Dollar |
6.40 |
6.25 |
| 6. |
Norwegian Kroner |
8.85 |
8.60 |
| 7. |
Pound Sterling |
78.05 |
76.30 |
| 8. |
Swedish Kroner |
7.50 |
7.30 |
| 9. |
Swiss Franc |
55.05 |
53.70 |
| 10. |
Singapore Dollar |
39.55 |
38.65 |
| 11. |
US Dollar |
49.40 |
48.60 |
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 |
61.85 |
60.25 |
(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA
TELE: 2309 4610
[F.No.468/05/2012-Cus.V]