Exchange rates for Import and Export of Goods. - 14/2011-CUSTOMS (N.T.) - Customs - Non Tariff

Superseded vide Notification No. 24/2011 - Customs (N.T.), Dated 29/03/2011 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) NOTIFICATION No 14/2011-CUSTOMS (N.T.) New Delhi, the 24th February, 2011 S.O. 430(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. 6/2011-Customs (N.T.) , dated the, 27th January, 2011 vide number S.O. 176(E), dated the 27th January, 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-1 and Schedule-II annexed hereto into Indian currency or vice versa shall, with effect from 1st March, 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 S1. No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees (1) (2) (3) (a) (For Imported Goods) (b) (For Export Goods) 1. Australian Dollar 46.05 44.65 2. Canadian Dollar 46.40 45.10 3. Danish Kroner 8.45 8.15 4. EURO 62.80 61.10 5. Hong KongDollar 5.85 5.75 6. Norwegian Kroner 8.15 7.85 7. Pound Sterling 74.15 7220 8. Swedish Kroner 7.15 6.90 9. Swiss Franc 49.00 47.65 10. SingaporeDollar 35.85 34.90 11. US Dollar 45.70 44.75 SCHEDULE-II Sl. No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees (1) (2) (3) (a) (For Imported Goods) (b) (For Export Goods) 1. Japanese Yen 55.60 53.95 [F.No.468/4/2011-Cus.-V] ABHINAV GUPTA, Under Secy.