Wednesday 9 January 2013

Service Tax - Exchange Rate effective from 04/01/2013

[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.1/2013-CUSTOMS (N.T.)
DATED THE 3
rd January, 2013
13 Pausa, 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.111/2012-CUSTOMS (N.T.), dated the 20
th December, 2012
vide
number S.O.2966 (E), dated the 20th December, 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 4th January, 2013 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 57.70 56.15
2. Bahrain Dinar 148.40 140.05
3. Canadian Dollar 55.80 54.40
4. Danish Kroner 9.85 9.55
5. EURO 73.05 71.25
6. Hong Kong Dollar 7.10 6.95
7. Kenya Shilling 65.25 61.25
8. Kuwait Dinar 199.25 187.40
9. New Zealand Dollar 46.20 44.85
10. Norwegian Kroner 10.00 9.70
11. Pound Sterling 89.95 87.80
Contd…2/….
-:2:-
12. Singapore Dollar 45.15 44.00
13. South African Rand 6.65 6.25
14. Saudi Arabian Riyal 14.90 14.10
15. Swedish Kroner 8.55 8.30
16. Swiss Franc 60.60 59.05
17. UAE Dirham 15.25 14.40
18. US Dollar 54.85 53.85
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 63.15 61.45
[F.No.468/01/2013-Cus.V]
(M. SATISH KUMAR REDDY)
DIRECTOR (ICD)
TELE: 2309 3380

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