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In excise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs (CBEC) hereby makes the following further amendments in the Notification of the Government of India, Ministry of Finance (Department of Revenue ) No. 54/2013-CUSTOMS (N.T.) dated the 16th May, 2013 published in the Gazette of India, part II, Section 3, Sub-section (ii), Extraordinary vide number S.O.[1121(E)], dated 16th May, 2013, namely:-
In the Schedule-I and II of the said Notification, for Serial Nos. 15, 16 and serial No. 1 respectively, and the entries relating thereto, the following shall be substituted, namely:-
SCHEDULE-I
S.No. | Foreign Currency | Rate of exchange of one units of foreign currency equivalent to Indian Rupees | |
(1) | (2) | (3) | |
|
| (a) | (b) |
|
| (for imported Goods ) | (For Export Goods) |
15. | Swedish Kroner | 8.75 | 8.50 |
16. | Swiss France | 60.40 | 58.90 |
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 | 57.50 | 56.05 |
DSM/RS/ka
(Release ID :96442)
Customs exchange rate amendment sets revised import and export rupee conversion rates for select foreign currencies. The Central Board of Excise & Customs, invoking the Customs Act, 1962, substitutes entries in Schedule I and Schedule II of the cited Notification to prescribe revised rupee conversion rates for Swedish Kroner, Swiss Franc and Japanese Yen, specifying distinct rates for imported goods and for export goods for customs valuation and procedural purposes.Press 'Enter' after typing page number.