TaxTMI 
TaxTMI 
Exchange rates relating to imported and export goods notified.
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....xchange rates relating to imported and export goods notified. <br>News and Press Release<br>Dated:- 21-6-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 21-June-2012 18:47 IST Exchange rates relating to imported and export goods notified In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the Notifica....
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....tion of the Government of India in the Ministry of Finance (Department of Revenue) No.49/2012-CUSTOMS (N.T.), dated the 7th June, 2012 vide number S.O.1304 (E), dated the 7th June, 2012, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs (CBEC) hereby determines that the rate of exchange of conversion of each of the foreign curre....
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....ncy 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 June, 2012 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 currenc....
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....y equivalent to Indian rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Australian Dollar 57.60 56.35 2. Bahraini Dinar 152.50 144.40 3. Canadian Dollar 55.50 54.30 4. Danish Kroner 9.65 9.40 5. EURO 71.70 70.10 6. Hong Kong Dollar 7.25 7.15 7. Kenyan Shilling 68.35 64.50 8. Kuwaiti Dinar 206.10 194.45 9. Newzealand Dollar 45.10 ....
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....43.85 10. Norwegian Kroner 9.55 9.25 11. Pound Sterling 88.90 87.05 12. Singapore Dollar 44.55 43.65 13. South African Rand 7.00 6.65 14. South Arabian Riyal 15.35 14.50 15. Swedish Kroner 8.15 7.90 16. Swiss Franc 59.80 58.30 17. UAE Dirham 15.65 14.80 18. US Dollar 56.35 55.5 SCHEDULE-II S.No. Foreign Currency Rate of exchange of 100 units of foreign cur....
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....rency equivalent to Indian rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Japanese Yen 71.85 70.05 **** DSM/SS/Hb<BR> News - Press release - PIB....