GST India Solution

81/2013-CUS(N.T.) dt. 1/08/2013

Rate of exchange of conversion of each of the foreign currency with effect from August 02, 2013

[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.81/2013-Customs (N.T.)

DATED THE 1^st August, 2013
10 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.76/2013-CUSTOMS (N.T.), dated the 18^th July, 2013 vide number S.O.2191 (E), dated the 18^th July, 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 versashall, with effect from 2^nd August, 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	55.85	54.35
2.	Bahrain Dinar	166.65	157.45
3.	Canadian Dollar	60.05	58.50
4.	Danish Kroner	11.00	10.70
5.	EURO	81.85	79.95
6.	Hong Kong Dollar	7.95	7.80
7.	Kenya Shilling	72.20	67.85
8.	Kuwait Dinar	221.50	208.15
9.	New Zealand Dollar	49.40	48.00
10.	Norwegian Kroner	10.45	10.15
11.	Pound Sterling	94.05	91.90
12.	Singapore Dollar	48.45	47.40
13.	South African Rand	6.40	6.05
14.	Saudi Arabian Riyal	16.75	15.85
15.	Swedish Kroner	9.45	9.20
16.	Swiss Franc	66.55	64.75
17.	UAE Dirham	17.10	16.15
18.	US Dollar	61.55	60.55

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	63.00	61.50

[F.No.468/03/2013-Cus.V]

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

Opinion

This notification seeks to specify the new rate of conversation of foreign currency equivalent to India rupees for the purpose of import and export of goods with the effect from 2nd August, 2013.

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