Rupee Falls to 63.10 in Customs Valuation w.e.f. 8 Nov 2013

[Customs Notification No. 109 (Non Tariff) dated 7th November 2013]

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.105/2013-CUSTOMS (N.T.), dated the 17th October, 2013 vide number S.O.3119 (E), dated the 17th October, 2013, 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 8th November, 2013 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

60.10

58.55

2.

Bahrain Dinar

170.85

161.50

3.

Canadian Dollar

60.85

59.30

4.

Danish Kroner

11.55

11.15

5.

EURO

85.70

83.70

6.

Hong Kong Dollar

8.15

8.00

7.

Kuwait Dinar

227.85

214.65

8.

New Zealand Dollar

53.00

51.70

9.

Norwegian Kroner

10.65

10.35

10.

Pound Sterling

101.80

99.55

11.

Singapore Dollar

51.00

49.80

12.

South African Rand

6.30

5.90

13.

Saudi Arabian Riyal

17.15

16.25

14.

Swedish Kroner

9.80

9.50

15.

Swiss Franc

69.55

67.90

16.

UAE Dirham

17.55

16.60

17.

US Dollar

63.10

62.10

 

Schedule-II

SNo.

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

64.30

62.75

2.

Kenya Shilling

75.65

71.10

[F.No.468/03/2013-Cus.V]