Rupee Falls to 62.90 for Customs Valuation on Import w.e.f. 20 Dec 2013

[Customs Notification No. 131 (Non Tariff) dated 19^th December 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.117/2013-CUSTOMS (N.T.), dated the 5^th December, 2013 vide number S.O.3589 (E), dated the 5^th December, 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 20^th December, 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	55.80	54.30
2.	Bahrain Dinar	170.25	160.90
3.	Canadian Dollar	58.90	57.45
4.	Danish Kroner	11.60	11.25
5.	EURO	86.15	84.15
6.	Hong Kong Dollar	8.10	8.00
7.	Kuwait Dinar	227.40	214.85
8.	New Zealand Dollar	51.75	50.45
9.	Norwegian Kroner	10.30	10.00
10.	Pound Sterling	103.30	101.00
11.	Singapore Dollar	49.90	48.80
12.	South African Rand	6.20	5.85
13.	Saudi Arabian Riyal	17.10	16.15
14.	Swedish Kroner	9.65	9.35
15.	Swiss Franc	70.45	68.75
16.	UAE Dirham	17.45	16.50
17.	US Dollar	62.90	61.90

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	60.70	59.30
2.	Kenya Shilling	74.70	70.20

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