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97/2012-Cus(NT), Dated 01-11-2012

Seeks to supress Notification 95/2012-CUSTOMS (N.T.), dated the 18th October, 2012

[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.97/2012-Customs (N.T.)

DATED THE 1^st November, 2012
10 Kartika, 1934(SAKA)

S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.95/2012-CUSTOMS (N.T.), dated the 18^thOctober, 2012 vide number S.O.2518 (E), dated the 18^th October, 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 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 2^nd November, 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	56.85	55.30
2.	Bahrain Dinar	147.50	139.15
3.	Canadian Dollar	54.80	53.45
4.	Danish Kroner	9.55	9.25
5.	EURO	70.90	69.10
6.	Hong Kong Dollar	7.05	6.90
7.	Kenya Shilling	65.35	61.55
8.	Kuwait Dinar	198.05	186.45
9.	New Zealand Dollar	45.00	43.80
10.	Norwegian Kroner	9.60	9.30
11.	Pound Sterling	87.95	85.85
12.	Singapore Dollar	44.80	43.75
13.	South African Rand	6.45	6.05
14.	Saudi Arabian Riyal	14.85	14.00
15.	Swedish Kroner	8.25	8.00
16.	Swiss Franc	58.80	57.30
17.	UAE Dirham	15.15	14.30
18.	US Dollar	54.55	53.55

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	68.90	66.95

[F.No.468/17/2012-Cus.V]

(M. SATISH KUMAR REDDY)
DIRECTOR (ICD)
TELE: 2309 3380

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