Sponsored
    Follow Us:
Sponsored

Notification No.111/2012-Customs (N.T.), Dated The 20th December, 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.108/2012-CUSTOMS (N.T.), dated the 6th December, 2012 vide number S.O. 2838 (E), dated the 6th December, 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 21st December, 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

58.35

56.90

2.

Bahrain Dinar

149.65

141.25

3.

Canadian Dollar

56.25

54.85

4.

Danish Kroner

9.90

9.60

5.

EURO

73.55

71.70

6.

Hong Kong Dollar

7.15

7.00

7.

Kenya Shilling

65.75

61.85

8.

Kuwait Dinar

200.90

188.95

9.

New Zealand Dollar

46.60

45.35

10.

Norwegian Kroner

9.95

9.65

11.

Pound Sterling

90.25

88.15

12.

Singapore Dollar

45.50

44.45

13.

South African Rand

6.70

6.30

14.

Saudi Arabian Riyal

15.05

14.20

15.

Swedish Kroner

8.45

8.20

16.

Swiss Franc

60.95

59.35

17.

UAE Dirham

15.35

14.50

18.

US Dollar

55.30

54.30

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

65.90

             64.15

[F.No.468/18/2012-Cus.V]

(Abhinav Gupta)

Under Secretary to the Govt. of India

Tele: 2309 4610

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031