CBEC DETERMINES THE CONVERSION RATE
OF FOREIGN CURRENCY FOR IMPORT & EXPORT VALUATION
Notification No.: 23/2013 - Customs (N.T.)
Date: 21/02/2013
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 22nd February,
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)
|
||
(For Imported
Goods)
|
(For
Export Goods)
|
|||
1.
|
Australian
Dollar
|
56.65
|
55.25
|
|
2.
|
Bahrain Dinar
|
148.55
|
140.20
|
|
3.
|
Canadian
Dollar
|
54.75
|
53.25
|
|
4.
|
Danish Kroner
|
9.90
|
9.55
|
|
5.
|
EURO
|
73.40
|
71.60
|
|
6.
|
Hong Kong Dollar
|
7.10
|
6.95
|
|
7.
|
Kenya Shilling
|
64.15
|
60.20
|
|
8.
|
Kuwait Dinar
|
198.40
|
186.85
|
|
9.
|
New Zealand
Dollar
|
46.50
|
45.30
|
|
10.
|
Norwegian Kroner
|
9.95
|
9.65
|
|
11.
|
Pound Sterling
|
85.20
|
83.15
|
|
12.
|
Singapore Dollar
|
44.45
|
43.30
|
|
13.
|
South African
Rand
|
6.30
|
5.95
|
|
14.
|
Saudi Arabian
Riyal
|
14.95
|
14.10
|
|
15.
|
Swedish Kroner
|
8.70
|
8.45
|
|
16.
|
Swiss Franc
|
59.50
|
58.00
|
|
17.
|
UAE Dirham
|
15.25
|
14.40
|
|
18.
|
US Dollar
|
54.90
|
53.90
|
|
SCHEDULE-II
S.No.
|
Foreign Currency
|
Rate of exchange of 100 units of foreign
currency equivalent to Indian rupees
|
||
(1)
|
(2)
|
(3)
|
||
(For Imported
Goods)
|
(For
Export Goods)
|
|||
1.
|
Japanese Yen
|
58.55
|
57.05
|
|
Regards
CA. Mona Singhal
Partner
Arpit Gupta & Associates
Chartered Accountants
701, Nirmal Tower,
26, Barakhamba Road,
Connaught Place,
Delhi-110001
Mobile No. +91-9873082769
Website: www.caaga.co.in 
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