Rupee Rate for Customs Valuation Rises to Rs.
55.50 on Imports w.e.f. 20 July
[Customs Notification No. 61 dated 19th
July 2012]
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. 56/2012-CUSTOMS (N.T.), dated the 5th July, 2012 vide
number S.O.1504 (E), dated the 5th July, 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 20th July, 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 |
57.40 |
56.05 |
|
2. |
Bahrain
Dinar |
150.15 |
142.15 |
|
3. |
Canadian
Dollar |
55.05 |
53.70 |
|
4. |
Danish
Kroner |
9.20 |
8.95 |
|
5. |
EURO |
68.40 |
66.80 |
|
6. |
Hong
Kong Dollar |
7.15 |
7.05 |
|
7. |
Kenya
Shilling |
67.30 |
63.35 |
|
8. |
Kuwait
Dinar |
201.30 |
189.85 |
|
9. |
Newzeland
Dollar |
44.40 |
43.30 |
|
10. |
Norwegian
Kroner |
9.20 |
8.90 |
|
11. |
Pound
Sterling |
87.10 |
85.25 |
|
12. |
Singapore
Dollar |
44.20 |
43.20 |
|
13. |
South
African Rand |
6.95 |
6.55 |
|
14. |
Saudi
Arabian Riyal |
15.10 |
14.30 |
|
15. |
Swedish
Kroner |
8.05 |
7.80 |
|
16. |
Swiss
Franc |
57.05 |
55.65 |
|
17. |
UAE
Dirham |
15.40 |
14.60 |
|
18. |
US
Dollar |
55.50 |
54.65 |
|
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 |
70.55 |
68.80 |
[F.No.468/13/2012-Cus.V]