Rupee Gains to Rs. 54.50 for Customs Valuation on Imports w.e.f 19 April 2013

[Customs Notification No. 40 (Non Tariff) dated 18th April 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.35/2013-CUSTOMS (N.T.), dated the 4th April, 2013 vide number S.O.925 (E), dated the 4th April, 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 19th April, 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

SNo.

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

56.70

55.15

2.

Bahrain Dinar

147.50

139.20

3.

Canadian Dollar

53.55

52.10

4.

Danish Kroner

9.70

9.40

5.

EURO

72.10

70.25

6.

Hong Kong Dollar

7.05

6.90

7.

Kenya Shilling

66.35

62.25

8.

Kuwait Dinar

195.60

184.25

9.

New Zealand Dollar

46.35

45.10

10.

Norwegian Kroner

9.60

9.25

11.

Pound Sterling

83.95

81.90

12.

Singapore Dollar

44.30

43.25

13.

South African Rand

6.10

5.75

14.

Saudi Arabian Riyal

14.85

14.00

15.

Swedish Kroner

8.60

8.35

16.

Swiss Franc

59.25

57.70

17.

UAE Dirham

15.15

14.30

18.

US Dollar

54.50

53.55

 

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

55.75

54.30

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