Customs Notification
(NT) - 70/2011 dated 28.9.2011
Exchange Rate effect from 1st October, 2011 relates to Import/export goods
S.O (E). – 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.62/2011-CUSTOMS (N.T.),
dated the 26th August, 2011 vide number S.O.1975 (E), dated the 26th August,
2011, 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 October, 2011 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 |
49.10 |
47.80 |
| 2. |
Canadian Dollar |
48.60 |
47.45 |
| 3. |
Danish Kroner |
9.10 |
8.80 |
| 4. |
EURO |
67.30 |
65.75 |
| 5. |
Hong Kong Dollar |
6.35 |
6.25 |
| 6. |
Norwegian Kroner |
8.65 |
8.40 |
| 7. |
Pound Sterling |
77.50 |
75.75 |
| 8. |
Swedish Kroner |
7.35 |
7.10 |
| 9. |
Swiss Franc |
55.25 |
53.75 |
| 10. |
Singapore Dollar |
38.60 |
37.75 |
| 11. |
US Dollar |
49.60 |
48.80 |
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 |
65.35 |
63.55 |
[F. No. 468/12/2011-Cus.V]
(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA