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Indian customs import and export exchange rate march 2011

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					    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 /2011-Customs (N.T.)

                                                                DATED THE 24th February, 2011
                                                                     5 Phalguna, 1932(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.6/2011-CUSTOMS (N.T.), dated the 27th January,
   2011 vide number S.O.176 (E), dated the 27 th 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 I 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

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                        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 Kong Dollar                          5.85                            5.75
          6.    Norwegian Kroner                          8.15                            7.85
          7.    Pound Sterling                           74.15                           72.20
          8.    Swedish Kroner                            7.15                            6.90
          9.    Swiss Franc                              49.00                           47.65
         10.    Singapore Dollar                         35.85                           34.90
         11.    US Dollar                                45.70                           44.75

                                          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                             55.60                  53.95

				
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Description: Indian customs import and export exchange rate march 2011