CBEC DETERMINER THE
CONVERSION RATE OF FOREIGN CURRENCY FOR IMPORT & EXPORT VALUATION
Notification No.1/2013-Customs (N.T.), dated: 3/01/2013
The
Central Board of Excise and Customs 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 4th January,
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
|
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
|
57.70
|
56.15
|
|
|
2.
|
Bahrain Dinar
|
148.40
|
140.05
|
|
|
3.
|
Canadian
Dollar
|
55.8
|
54.40
|
|
|
4.
|
Danish Kroner
|
9.85
|
9.55
|
|
|
5.
|
EURO
|
73.05
|
71.25
|
|
|
6.
|
Hong Kong Dollar
|
7.10
|
6.95
|
|
|
7.
|
Kenya Shilling
|
65.25
|
61.25
|
|
|
8.
|
Kuwait Dinar
|
199.25
|
187.40
|
|
|
9.
|
New Zealand Dollar
|
46.20
|
44.85
|
|
|
10.
|
Norwegian Kroner
|
10.00
|
9.70
|
|
|
11.
|
Pound Sterling
|
89.95
|
87.80
|
|
|
12.
|
Singapore Dollar
|
45.15
|
44.00
|
|
|
13.
|
South African Rand
|
6.65
|
6.25
|
|
|
14.
|
Saudi Arabian Riyal
|
14.90
|
14.10
|
|
|
15.
|
Swedish Kroner
|
8.55
|
8.30
|
|
|
16.
|
Swiss Franc
|
60.60
|
59.05
|
|
|
17.
|
UAE Dirham
|
15.25
|
14.40
|
|
|
18.
|
US Dollar
|
54.85
|
53.85
|
|
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
|
63.15
|
61.45
|
|
Regards
CA.
Mona Singhal
Partner
Arpit
Gupta & Associates
Chartered
Accountants
701,
Nirmal Tower,
26,
Barakhamba Road,
Connaught
Place, Delhi-110001
Mobile:-
+91-9873082769
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