CA NeWs Beta*: Notification No. 9/2012- Customs (N.T.) DATED THE 30th January, 2012

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Wednesday, February 1, 2012

Notification No. 9/2012- Customs (N.T.) DATED THE 30th January, 2012


GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS
 
Notification No. 9/2012- Customs (N.T.)
 
DATED THE 30th January, 2012
10 Magha, 1933(SAKA)
 
            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.88/2011-CUSTOMS (N.T.), dated the 28th December, 2011 vide number S.O.2914(E), dated the 28th December, 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 February, 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 currency equivalent to Indian rupees
(1)    
(2)
(3)
 
 
               (a)
                (b)
 
 
(For Imported Goods)
  (For Export Goods)
1.
Australian Dollar
53.45
52.20
2.
Canadian Dollar               
50.30
49.00
3.
Danish Kroner
8.90
8.65
4.
EURO
66.00
64.40
5.
Hong Kong Dollar
6.45
6.35
6.
Norwegian Kroner
8.65
8.60
7.
Pound Sterling
78.90
77.15
8.
Swedish Kroner
7.45
7.25
9.
Swiss Franc
54.70
53.35
10.
Singapore Dollar
40.05
39.10
11.
US Dollar
50.20
49.40





 
 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
65.40
       63.65





 
 
[F.No.468/03/2012-Cus.V]
 
 
(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA

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