Rate of exchange of conversion w.e.f 1st nov

GAUTAM DEY (Be Patient, Live Life) (17309 Points)

11 November 2011  

 

Rate of exchange of conversion of each of the foreign currency with effect from 1st November, 2011

 

 

NOTIFICATION  NO.74/2011-CUSTOMS(N.T.), DATED THE 27th October, 2011

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.70/2011-CUSTOMS (N.T.), dated the 28thSeptember, 2011 vide number S.O.2244 (E), dated the 28th September,  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 November, 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

52.70

51.35

2.

Canadian Dollar

50.20

48.85

3.

Danish Kroner

9.45

9.15

4.

EURO

69.80

68.20

5.

Hong Kong Dollar

6.45

6.35

6.

Norwegian Kroner

9.15

8.85

7.

Pound Sterling

80.35

78.55

8.

Swedish Kroner

7.70

7.45

9.

Swiss Franc

57.05

55.65

10.

Singapore Dollar

39.80

38.85

11.

US Dollar

50.05

49.25

         
 

  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

66.10

       64.35

         
 

[F.No.468/13/2011-Cus.V]

(ABHINAV GUPTA)

UNDER SECRETARY TO THE GOVT. OF INDIA

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