CBEC Issues Foreign Currency Conversion rate for Import and Export.

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....BEC Issues Foreign Currency Conversion rate for Import and Export. <br>News and Press Release<br>Dated:- 17-8-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 17-August-2012 12:35 IST CBEC Issues Foreign Currency Conversion rate for Import and Export In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of t....

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....he notification of the Government of India in the Ministry of Finance (Department of Revenue) No.67/2012-CUSTOMS (N.T.), dated the 1st August, 2012 vide number S.O.1730 (E), dated the 1st August, 2012, 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 forei....

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....gn 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 16th August, 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 forei....

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....gn currency equivalent to Indian rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Australian Dollar 59.05 57.75 2. Bahrain Dinar 151.45 143.35 3. Canadian Dollar 56.65 55.25 4. Danish Kroner 9.35 9.05 5. EURO 69.40 67.80 6. Hong Kong Dollar 7.20 7.10 7. Kenya Shilling 68.25 64.30 8. Kuwait Dinar 202.45 191.30 9. New Zealand Dollar....

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.... 45.60 44.40 10. Norwegian Kroner 9.50 9.20 11. Pound Sterling 88.10 86.30 12. Singapore Dollar 45.10 44.10 13. South African Rand 7.00 6.60 14. Saudi Arabian Riyal 15.25 14.40 15. Swedish Kroner 8.40 8.15 16. Swiss Franc 57.70 56.40 17. UAE Dirham 15.55 14.70 18. US Dollar 55.95 55.15 SCHEDULE-II S.No. Foreign Currency Rate of exchange of 100 units of fo....

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....reign currency equivalent to Indian rupees (1) (2) (3) (a) (b) (For Imported Goods) (For Export Goods) 1. Japanese Yen 71.75 69.95 ***** DM/RS/GN<BR> News - Press release - PIB....