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CUS NTF NO. 62/2011 (NT) DATE 26/08/2011

Exchange Rate effect from 1st September, 2011 relates to Import/export goods

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.51/2011-CUSTOMS (N.T.), dated the 27th July, 2011 vide number S.O.1749 (E), dated the 27th July, 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 September, 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 48.85 47.65
2. Canadian Dollar 47.35 46.10
3. Danish Kroner 9.05 8.80
4. EURO 67.25 65.60
5. Hong Kong Dollar 5.95 5.85
6. Norwegian Kroner 8.65 8.35
7. Pound Sterling 76.45 74.65
8. Swedish Kroner 7.40 7.15
9. Swiss Franc 55.07 53.58
(OLD9. Swiss Franc 58.90 57.15)
10. Singapore Dollar 38.60 37.70
11. US Dollar 46.55 45.75

(In the SCHEDULE-I Sr.No.9 has been subsituted vide CUS NTF NO. 66/2011 (NT) DATE 16/09/2011)

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 60.80 59.10

[F.No.468/11/2011-Cus.V]


(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA
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