Exchange Rates for Customs Valuation – Imports and Exports w.e.f 1 June
2010
[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. 42/2010 - Customs (N. T.)
26th
May, 2010
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.32/2010-CUSTOMS (N.T.), dated the 28th April, 2010 vide number
S.O.984(E), dated the 28th April, 2010,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 June, 2010 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 |
39.60 |
38.50 |
|
2. |
Canadian Dollar |
44.80 |
43.65 |
|
3. |
Danish Kroner |
7.95 |
7.70 |
|
4. |
EURO |
59.10 |
57.50 |
|
5. |
Hong Kong Dollar |
6.15 |
6.00 |
|
6. |
Norwegian Kroner |
7.30 |
7.10 |
|
7. |
Pound Sterling |
69.15 |
67.25 |
|
8. |
Swedish Kroner |
6.05 |
5.90 |
|
9. |
Swiss Franc |
41.35 |
40.30 |
|
10. |
Singapore Dollar |
34.00 |
33.15 |
|
11. |
US Dollar |
47.85 |
46.95 |
Schedule-II
|
S. No. |
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 |
53.25 |
51.80 |
[F. No. 468/7/2010-Cus.V]
(M.
Satish Kumar Reddy)
Director
to the Government of India