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Rate of exchange of conversion of each of the foreign currency with effect from 1st November, 2011, CUSTOMS Notification No 74/2011 (NT), 27-10-2011



Date: 27-10-2011
Notification No: CUSTOMS Notification No 74/2011 (NT)
Issuing Authority: Indian Customs  
Type: Non Tariff
File No: F.No.468/13/2011-Cus.V
Subject: Rate of exchange of conversion of each of the foreign currency with effect from 1st November, 2011

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF EXCISE AND CUSTOMS

NOTIFICATION NO.74/2011-CUSTOMS (N.T.)

DATED THE 27th October, 2011
5 Kartika, 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.70/2011-CUSTOMS (N.T.), dated the 28th September, 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

(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA
TELE: 2309 4610
[F.No.468/13/2011-Cus.V]

       


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