Exchange Rates for Customs Valuation Imports and Exports

Notification No. 38/ 2009-Customs (N.T.) Dated the 27th March, 2009

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.21/2009-CUSTOMS (N.T.), dated the 25 February, 2009 vide number S.O. 549(E), dated the 25th February, 2009, except as respects things done or omitted to be done before such supersession, 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 1st April, 2009 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 Rate of exchange of one unit of foreign currency equivalent to Indian rupees

 

 

Imprted Goods

Exported Goods

SNo

Currency

Current

Previous

Current

Previous

1

Australian Dollar

36.05

32.70*

34.90

34.70*

2

Canadian Dollar

41.70

40.40

40.70

39.45

3

Danish Kroner

9.40

8.65

9.10

8.35

4

EURO

69.70

64.25

67.95

62.60

5

Hong Kong Dollar

6.60

6.50

6.50

6.40

6

Norwegian Kroner

7.90

7.40

7.65

7.15

7

Pound Sterling

74.80

73.45

73.10

71.70

8

Swedish Kroner

6.40

6.35*

6.20

6.15*

9

Swiss Franc

45.80

43.20

44.55

42.10

10

Singapore Dollar

34.00

32.95

33.15

32.15

11

US Dollar

51.15

50.30

50.25

49.40

Schedule II Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

1

Japanese Yen

52.55

53.10

51.15

51.65

*w.e.f 24 March 2009.

[F.No.468/7/2009-Cus.V]