Exchange Rates for Customs Valuation – Imports and Exports w.e.f 1 February
2011
[TO BE
PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii),
EXTRAORDINARY]
GOVERNMENT
OF
MINISTRY
OF FINANCE
DEPARTMENT
OF REVENUE
CENTRAL
BOARD OF EXCISE AND CUSTOMS
Notification
No. 06/2011 - Customs (N. T.)
27th
January, 2011
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. 102/2010-CUSTOMS (N.T.), dated the 29th December, 2010 vide number
S.O.3054(E), dated the 29th December, 2010,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 February, 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 |
45.85 |
44.60 |
2. |
Canadian Dollar |
46.55 |
45.15 |
3. |
Danish Kroner |
8.50 |
8.20 |
4. |
EURO |
62.95 |
61.25 |
5. |
|
5.90 |
5.75 |
6. |
Norwegian Kroner |
8.00 |
7.75 |
7. |
Pound Sterling |
73.75 |
71.85 |
8. |
Swedish Kroner |
7.05 |
6.80 |
9. |
Swiss Franc |
48.60 |
47.30 |
10. |
|
36.05 |
35.05 |
11. |
US Dollar |
45.95 |
45.05 |
Schedule-II
S. No. |
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 |
56.00 |
54.30 |
[F. No. 468/2/2011-Cus.V]
(Abhinav
Gupta)
Under
Secretary to the Government of India