Exchange Rates for Customs Valuation –
Imports and Exports w.e.f 1 March 2012
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II,
SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
Notification No. 14/2012 -
Customs (N. T.)
27th February, 2012
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. 09/2012-CUSTOMS (N.T.), dated the 30th
January, 2012 vide number S.O.189(E), dated the 30th January,
2012, 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 March, 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 |
53.25 |
52.00 |
|
2. |
Canadian Dollar |
49.80 |
48.50 |
|
3. |
Danish Kroner |
8.95 |
8.70 |
|
4. |
EURO |
66.35 |
64.75 |
|
5. |
Hong Kong Dollar |
6.40 |
6.25 |
|
6. |
Norwegian Kroner |
8.85 |
8.60 |
|
7. |
Pound Sterling |
78.05 |
76.30 |
|
8. |
Swedish Kroner |
7.50 |
7.30 |
|
9. |
Swiss Franc |
55.05 |
53.70 |
|
10. |
Singapore Dollar |
39.55 |
38.65 |
|
11. |
US Dollar |
49.40 |
48.60 |
Schedule-II
|
S. No. |
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 |
61.85 |
60.25 |
[F. No.
468/05/2012-Cus.V]
(Abhinav Gupta)
Under Secretary to the Government of India