Date: 2015-01-27Category: Extra OrdinaryState: Union GovernmentCountry: India
The Central Board of Excise and Customs hereby makes the following further amendments in the Notification of the Govt. of India, Ministry of Finance (Department of Revenue) No. 09-2015-Customs (N.T.) dated the 15th January, 2015.
**Policy Summary: Notification No. 13/2015-Customs (N.T.)**
This notification, issued by the Central Board of Excise and Customs, Department of Revenue, Ministry of Finance, Government of India, amends Notification No. 09/2015-Customs (N.T.) dated January 15, 2015. The amendment, enacted under the powers conferred by Section 14 of the Customs Act, 1962, revises the exchange rates for specific foreign currencies concerning import and export goods. Effective from January 28, 2015, the revised exchange rates are as follows:
* **Danish Kroner:**
* For Imported Goods: INR 9.40
* For Export Goods: INR 9.15
* **EURO:**
* For Imported Goods: INR 69.95
* For Export Goods: INR 68.20
The notification is identified by file number F. No. 468/01/2015-Cus.V and was issued by Satyajit Mohanty, Director, ICD. It was published in the Gazette of India, Part II, Section 3, Subsection (ii).
Key Entities Referenced
Ministry of Finance: The Indian government ministry responsible for revenue, expenditure, and economic affairs.
Department of Revenue: A department within the Ministry of Finance, Government of India.
Central Board of Excise and Customs: A board under the Department of Revenue, Ministry of Finance, responsible for the formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax.
Customs Act, 1962: An act of the Parliament of India to consolidate and amend the law relating to customs.
Notification No. 09/2015-Customs (N.T.): A notification issued by the Government of India, Ministry of Finance, Department of Revenue, related to customs.
New Delhi: The capital of India, where the notification was issued.
Danish Kroner: The official currency of Denmark and Greenland.
EURO: The official currency of the Eurozone.
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483 GI/2015 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
NOTIFICATION
New Delhi, the 27th January, 2015
No. 13/2015-CUSTOMS (N.T.)
S.O. 237(E).—In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central
Board of Excise & Customs hereby makes the following further amendments in the Notification of the Government of India,
Ministry of Finance (Department of Revenue) No. 09/2015-Customs (N.T.) dated the 15th January, 2015 published in the
Gazette of India, Part-II, Section 3, Sub-Section (ii), Extraordinary vide number S. O. 167(E), dated, the 15th January, 2015,
namely:—
In the Schedule-I of the said Notification, for Serial Nos. 4 & 5 and the entries relating thereto, the following shall be
substituted, namely:—
SCHEDULE -I
Sl. Foreign Currency Rate of exchange of one units of foreign currency
No. equivalent to Indian Rupees
(1) (2) (3)
(a) (b)
(For Imported Goods) (For Export Goods)
4. Danish Kroner 9.40 9.15
5. EURO 69.95 68.20
These rates will be effective from 28th January, 2015.
[F. No. 468/01/2015-Cus.-V ]
SATYAJIT MOHANTY, Director (ICD)
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.