Customs Notification No- 45/2012 (NT) dated 24.05.2012
Amendments in the rate of exchange for the US Dollar & Hong Kong Dollar effective from 25th May, 2012

S. O…. (E). – In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue) No. 38/2012-CUSTOMS (N.T.) dated the 26th April, 2012 published in the Gazette Of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S. O. 924 (E) dated, the 26th April, 2012, namely:-

In the SCHEDULE-I of the said Notification, for Serial Nos. 5 and 11 and the entries relating thereto, the following shall be substituted, namely:-

SCHEDULE-I

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)
5. Hong Kong Dollar 7.20 7.10
11. US Dollar 55.95 55.15


These rates will be effective from 25th May, 2012.

[F. No. 468/9/2012-Cus.V]

(ABHINAV GUPTA)

Under Secretary to the Government of India

Note: The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide Notification No. 38/2012–Customs (N.T.), dated the 26th April, 2012, vide number S. O. 924 (E), dated the 26th April, 2012 and was last amended vide Notification No. 44/2012-Customs (N.T.), dated the 21st May, 2012, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 1147(E) dated, the 21st May, 2012.