Notification for Exchange rate for Month May 2011

RAMESH KUMAR VERMA ( CS PURSUING ) (43853 Points)

28 April 2011  

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

 

Notification No.32/2011 - Customs (N.T.)

 

Dated the 27th April, 2011

7 Vaisakha, 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.24/2011-CUSTOMS (N.T.), dated the 29th March, 2011 vide number S.O.646 (E), dated the 29th March,  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 May, 2011 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

48.25

47.05

2.

Canadian Dollar               

47.35

46.15

3.

Danish Kroner

8.85

8.55

4.

EURO

65.65

64.05

5.

Hong Kong Dollar

5.80

5.70

6.

Norwegian Kroner

8.45

8.15

7.

Pound Sterling

74.35

72.55

8.

Swedish Kroner

7.40

7.15

9.

Swiss Franc

51.25

49.75

10.

Singapore Dollar

36.50

35.60

11.

US Dollar

45.00

44.15

         

 

 

 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

55.40

       53.85

         

 

 

[F.No.468/6/2011-Cus.V]

 

 

(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVT. OF INDIA

TELE: 2309 4610