Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Excise and Customs

Notification  No.74/2011-CUSTOMS (N.T.)

DATED THE 27th October, 2011

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.70/2011-CUSTOMS (N.T.), dated the 28th September, 2011 vide number S.O.2244 (E), dated the 28th September,  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 November, 2011 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 52.70 51.35
2. Canadian Dollar 50.20 48.85
3. Danish Kroner 9.45 9.15
4. EURO 69.80 68.20
5. Hong Kong Dollar 6.45 6.35
6. Norwegian Kroner 9.15 8.85
7. Pound Sterling 80.35 78.55
8. Swedish Kroner 7.70 7.45
9. Swiss Franc 57.05 55.65
10. Singapore Dollar 39.80 38.85
11. US Dollar 50.05 49.25

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 66.10        64.35

[F.No.468/13/2011-Cus.V]
(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA
TELE: 2309 4610

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