GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 77/2016-Customs (N.T.)

New Delhi, dated the 19th May, 2016

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. 64/2016-CUSTOMS (N.T.), dated 05th May, 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 20th May, 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 Dollar

49.35

47.60

2.

Bahrain Dinar

184.50

172.20

3.

Canadian Dollar

 

52.25

50.65

4.

Danish Kroner

10.35

9.95

5.

EURO

76.70

74.15

6.

Hong Kong Dollar

8.75

8.55

7.

Kuwait Dinar

230.15

215.35

8.

New Zealand Dollar

46.10

44.45

9.

Norwegian Kroner

8.20

7.90

10.

Pound Sterling

99.50

96.35

11.

Singapore Dollar

49.40

47.90

12.

South African Rand

4.35

4.10

13.

Saudi Arabian Riyal

18.50

17.35

14.

Swedish Kroner

8.20

7.90

15.

Swiss Franc

69.25

66.85

16.

UAE Dirham

18.90

17.70

17.

US Dollar

68.05

66.35

18.

Chinese Yuan

10.45

10.10

SCHEDULE-II

Sl.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees

(2)

(3)

(a)

(b)

(For Imported Goods)

  (For Export Goods)

1.Japanese Yen

62.10

60.10

2.Kenya Shilling

68.75

64.30

[F.No.468/01/2016-Cus.V]

(Satyajit Mohanty)

Director (ICD)

TELE: 011-23093380

More Under Custom Duty

Posted Under

Category : Custom Duty (6182)

Search Posts by Date