July 05, 2013

CA CS ICWA KNOWLEDGE HUB - Notification No. 70/2013-Customs (N.T.)-Rate of exchange of conversion of each of the foreign currency with effect from July 5, 2013

CA CS ICWA KNOWLEDGE HUB

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[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.70/2013-Customs (N.T.)

DATED THE 4th July, 2013
13 Shravana, 1935(SAKA)

S.O.       (E). – 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.63/2013-CUSTOMS (N.T.), dated the 20th June, 2013 vide number S.O.1771 (E), dated the 20th June, 2013, 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 5th July, 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
55.35
54.00
2.
Bahrain Dinar
163.70
154.65
3.
Canadian Dollar               
57.60
56.25
4.
Danish Kroner
10.60
10.25
5.
EURO
78.80
76.90
6.
Hong Kong Dollar
7.80
7.65
7.
Kenya Shilling
71.95
67.60
8.
Kuwait Dinar
216.35
203.70
9.
New Zealand Dollar
47.00
45.80
10.
Norwegian Kroner
 9.95
  9.65
11.
Pound Sterling
91.95
89.80
12.
Singapore Dollar
47.70
46.55
13.
South African Rand
6.15
5.80
14.
Saudi Arabian Riyal
16.45
15.55
15.
Swedish Kroner
9.05
8.80
16.
Swiss Franc
63.85
62.30
17.
UAE Dirham
16.80
15.85
18.
US Dollar
60.50
59.50


 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
60.30
             58.80


[F.No.468/03/2013-Cus.V]


(M. SATISH KUMAR REDDY)
DIRECTOR (ICD)
TELE: 2309 3380
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