[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.14/2012-CUSTOMS (N.T.)
DATED THE 27
th
February, 2012
8 Phalguna, 1933(SAKA)
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.9/2012-CUSTOMS (N.T.),
dated the 30
th
January, 2012 vide number S.O. 189 (E), dated the 30
th
January, 2012, 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 1
st
March, 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 CurrencyRate 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 Dollar53.25 52.00
2.Canadian Dollar49.80 48.50
3.Danish Kroner8.95 8.70
4.EURO 66.35 64.75
5.Hong Kong Dollar6.40 6.25
6.Norwegian Kroner8.85 8.60
7.Pound Sterling78.05 76.30
8.Swedish Kroner7.50 7.30
9.Swiss Franc 55.05 53.70
10.Singapore Dollar39.55 38.65
11.US Dollar 49.40 48.60
SCHEDULE-II
S.No.Foreign CurrencyRate 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 Yen61.85 60.25
[F.No.468/05/2012-Cus.V]
(ABHINAV GUPTA)
UNDER SECRETARY TO THE GOVT. OF INDIA
TELE: 2309 4610