Rupee Falls against Dollar, Euro and Yen in April Customs Valuation
[Customs Notification No. 26 (Non Tariff) dated 28th March 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.14/2012-CUSTOMS (N.T.), dated the 27th February,
2012vide number S.O. 338 (E), dated the 27th February,
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 1st April,
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 |
54.30 |
53.05 |
|
2. |
Canadian
Dollar |
52.15 |
50.90 |
|
3. |
Danish
Kroner |
9.30 |
9.05 |
|
4. |
EURO |
69.00 |
67.40 |
|
5. |
Hong
Kong Dollar |
6.65 |
6.50 |
|
6. |
Norwegian
Kroner |
9.15 |
8.85 |
|
7. |
Pound
Sterling |
82.50 |
80.70 |
|
8. |
Swedish
Kroner |
7.80 |
7.55 |
|
9. |
Swiss
Franc |
57.20 |
55.80 |
|
10. |
Singapore
Dollar |
41.00 |
40.15 |
|
11. |
US
Dollar |
51.50 |
50.65 |
|
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 |
62.45 |
60.80 |
[F.No.468/06/2012-Cus.V]