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70/2013-Customs (N.T.) dt.04/07/2013

Rate of exchange for conversion notified.

[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.70/2013-Customs (N.T.)

DATED THE 4^th July, 2013
13 Shravana, 1935(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.63/2013-CUSTOMS (N.T.), dated the 20^th June, 2013 vide number S.O.1771 (E), dated the 20^th June, 2013, 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 5^th July, 2013 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	55.35	54.00
2.	Bahrain Dinar	163.70	154.65
3.	Canadian Dollar	57.60	56.25
4.	Danish Kroner	10.60	10.25
5.	EURO	78.80	76.90
6.	Hong Kong Dollar	7.80	7.65
7.	Kenya Shilling	71.95	67.60
8.	Kuwait Dinar	216.35	203.70
9.	New Zealand Dollar	47.00	45.80
10.	Norwegian Kroner	9.95	9.65
11.	Pound Sterling	91.95	89.80
12.	Singapore Dollar	47.70	46.55
13.	South African Rand	6.15	5.80
14.	Saudi Arabian Riyal	16.45	15.55
15.	Swedish Kroner	9.05	8.80
16.	Swiss Franc	63.85	62.30
17.	UAE Dirham	16.80	15.85
18.	US Dollar	60.50	59.50

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	60.30	58.80

[F.No.468/03/2013-Cus.V]
(M. SATISH KUMAR REDDY)
DIRECTOR (ICD)
TELE: 2309 3380

Opinion

This notification seeks to amend the notification no. 63/2013(N.T.) regarding rate of exchange of conversion of following foreign currency equivalent to India rupees for import and export of goods are as below:

Schedule -I

Sr. No.	Foreign Currency	Rate of exchange of one unit of foreign currency equivalent to Indian rupees
		Prior		Amend
		(For Imported Goods)	(For Export Goods)	(For Imported Goods)	(For Export Goods)
1	Australian Dollar	56.35	54.85	55.35	54.00
2	Bahrain Dinar	160.20	151.30	163.70	154.65
3	Canadian Dollar	58.15	56.60	57.60	56.25
4	Danish Kroner	10.70	10.35	10.60	10.25
5	EURO	79.45	77.65	78.80	76.90
6	Hong Kong Dollar	7.65	7.50	7.80	7.65
7	Kenya Shilling	70.50	66.55	71.95	67.60
8	Kuwait Dinar	213.40	201.05	216.35	203.70
9	New Zealand Dollar	47.50	46.25	47.00	45.80
10	Norwegian Kroner	10.40	10.05	9.95	9.65
11	Pound Sterling	92.75	90.75	91.95	89.80
12	Singapore Dolla	47.15	46.00	47.70	46.55
13	South African Rand	6.05	5.70	6.15	5.80
14	Saudi Arabian Riyal	16.10	15.20	16.45	15.55
15	Swedish Kroner	9.25	8.95	9.05	8.80
16	Swiss Franc	64.70	63.05	63.85	62.30
17	UAE Dirham	16.45	15.55	16.80	15.85
18	US Dollar	59.20	58.20	60.50	59.50

SCHEDULE-II

Sr. No.	Foreign Currency	Rate of exchange of one unit of foreign currency equivalent to Indian rupees
		Prior		Amend
		(For Imported Goods)	(For Export Goods)	(For Imported Goods)	(For Export Goods)
	Japanese Yen	57.05	55.65	60.30	58.80

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