GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 48/2016 – Customs (N.T.)

New Delhi, dated the 07th  April, 2016

18  Chaitra, 1938 (SAKA)

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 Central Board of Excise and Customs No. 41/2016-CUSTOMS (N.T.), dated 17th  March, 2016, 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 currencies specified in column (2) of each of Schedule I and  Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 08th April, 2016, 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

Sl. 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 Dollar51.6049.70
2.Bahrain Dinar182.65171.10
3.Canadian Dollar51. 8050.15
4.Danish Kroner10.4010.00
5.EURO77.2574.70
6.Hong Kong Dollar8.708.45
7.Kuwait Dinar228.30213.70
8.New Zealand Dollar46.4044.60
9.Norwegian Kroner8.157.85
10.Pound Sterling95.6592.60
11.Singapore Dollar50.1048.55
12.South African Rand4.554.25
13.Saudi Arabian Riyal18.3517.20
14.Swedish Kroner8.308.05
15.Swiss Franc70.8568.55
16.UAE Dirham18.7517.55
17.US Dollar67.5065.80
18.Chinese Yuan10.4510.15

  SCHEDULE-II

Sl. 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 Yen62.0560.05
2.Kenya Shilling67.9563.55

 [F.No468/01/2016-Cus.V]

 (Kshitendra Verma)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

Posted Under

Category : Custom Duty (6181)