Notification No. 26/2012-Customs (N.T.),

Dated 28th March, 2012

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.14/2012-CUSTOMS (N.T.), dated the 27th February, 2012 vide number S.O. 338 (E), dated the 27th February, 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 1st April, 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 53.05
2. Canadian Dollar 52.15 50.90
3. Danish Kroner 9.30 9.05
4. EURO 69.00 67.40
5. Hong Kong Dollar 6.65 6.50
6. Norwegian Kroner 9.15 8.85
7. Pound Sterling 82.50 80.70
8. Swedish Kroner 7.80 7.55
9. Swiss Franc 57.20 55.80
10. Singapore Dollar 41.00 40.15
11. US Dollar 51.50 50.65

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 62.45        60.80

[F.No.468/06/2012-Cus.V]
(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA
TELE: 2309 4610

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