Rate of Exchange for Import and Export of Goods – supersession of the notification No.18/2009-Customs (N. T.), dated the 28th January, 2009

NOTIFICATION NO. 21/2009-Cus.,(N.T.),

Dated: February 25, 2009

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.18/2009-Customs (N. T.), dated the 28th January, 2009 vide number S.O. 359(E), dated the 28 th January, 2009, 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 1 st March, 2009 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 32.70 31.60
2. Canadian Dollar 40.40 39.45
3. Danish Kroner 8.65 8.35
4. EURO 64.25 62.60
5. Hong Kong Dollar 6.50 6.40
6. Norwegian Kroner 7.40 7.15
7. Pound Sterling 73.45 71.70
8. Swedish Kroner 5.70 5.55
9. Swiss Franc 43.20 42.10
10. Singapore Dollar 32.95 32.15
11. US Dollar 50.30 49.40

SCHEDULE-I

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 53.10 51.65

F.No.468/6/2009-Cus.V

(RAHUL NANGRE)

Under Secretary to the Government of India

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  2. Exchange Gain on Export of Goods & Service–Export Income (Sec-10B)
  3. Exchange Rate Difference Of Exports Made In Earlier Year – Whether Part Of Export Turnover?
  4. Amendments in the notification No. 52/2003-Customs, dated the 31st March, 2003- Exemption to specified goods imported on procured by EOU’s, STP Units, EHTP units etc. for specified purposes
  5. Amendments in the notification Number 94/2004-Customs, dated the 10.09.2004 Exemption to goods when imported against an Advance Licence for Annual Requirement

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