Welcome to Amit Kumar Gupta Advocate

Ask a Query


Client Login

108/2012-Cus(NT), dated 06/12/2012
 

Rate of exchange of conversion of each of the foreign currency with effect from 7th December, 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.108/2012-CUSTOMS (N.T.)

 

 
DATED THE 6th December, 2012
15 Agrahayana, 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.99/2012-CUSTOMS (N.T.), dated the 16th November, 2012 vide number S.O.2719(E), dated the 16th November, 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 7th December, 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 57.90 56.30
2. Bahrain Dinar 148.85 140.45
3. Canadian Dollar                55.70 54.10
4. Danish Kroner 9.75 9.40
5. EURO 72.30 70.50
6. Hong Kong Dollar 7.10 6.95
7. Kenya Shilling 65.50 61.55
8. Kuwait Dinar 199.55 188.15
9. New Zealand Dollar 45.65 44.30
10. Norwegian Kroner 9.85 9.55
11. Pound Sterling 88.80 86.85
         
 

12.
Singapore Dollar 45.25 44.20
13. South African Rand 6.40 6.00
14. Saudi Arabian Riyal 14.95 14.10
15. Swedish Kroner 8.40 8.15
16. Swiss Franc 59.60 57.95
17. UAE Dirham 15.30 14.40
18. US Dollar 55.00 54.00
 
                                                               

                                                                     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 67.20              65.35
         
 

 
[F.No.468/18/2012-Cus.V]
 
 
                                                           
 
(M. SATISH KUMAR REDDY)
DIRECTOR (ICD)
TELE: 2309 3380

Amit R Gupta

Our Services

Insurance Services

We offer comprehensive Insurance Services systems maintained by trained accounting.

Legal Services

 We offer comprehensive Legal Services systems maintained by trained accounting pr.

Investment Services

We offer comprehensive Investment Services  systems maintained by trained accoun.

Finance Services

 We offer comprehensive Finance Services systems maintained by trained accounting .

Due Diligence and Advisory Ser

We offer comprehensive Due Diligence and Advisory Services systems maintained by traine.

Corporate Services

We offer comprehensive Corporate Services systems maintained by trained accounting.

AMITRGUPTA

What We Do

Tax Consulting

We offer comprehensive Tax Consulting  systems maintained by trained accounting professionals. This local service coul...

READ MORE

Due Diligence

Investors, bankers and acquirers rely on Due Diligence as a standard of care during Mergers and ...

READ MORE

Taxation Services

We offer comprehensive Taxation Services systems maintained by trained accounting professionals. This local service could be...

READ MORE