Rupee Falls to 61.55 for Customs Valuation on Imports w.e.f. 2 August 2013

[Customs Notification No. 81 (Non Tariff) dated 1st August 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.76/2013-CUSTOMS (N.T.), dated the 18th July, 2013 vide number S.O.2191 (E), dated the 18th July, 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 2nd August, 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

55.85

54.35

2.

Bahrain Dinar

166.65

157.45

3.

Canadian Dollar

60.05

58.50

4.

Danish Kroner

11.00

10.70

5.

EURO

81.85

79.95

6.

Hong Kong Dollar

7.95

7.80

7.

Kenya Shilling

72.20

67.85

8.

Kuwait Dinar

221.50

208.15

9.

New Zealand Dollar

49.40

48.00

10.

Norwegian Kroner

10.45

10.15

11.

Pound Sterling

94.05

91.90

12.

Singapore Dollar

48.45

47.40

13.

South African Rand

6.40

6.05

14.

Saudi Arabian Riyal

16.75

15.85

15.

Swedish Kroner

9.45

9.20

16.

Swiss Franc

66.55

64.75

17.

UAE Dirham

17.10

16.15

18.

US Dollar

61.55

60.55

 

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

63.00

61.50

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