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Customs Rate of exchange of conversion of foreign currency wef 22.12.2017

Notification No. 118/2017-Customs (N.T.) dated 21st December, 2017 Customs Rate of exchange of conversion of foreign currency wef 22.12.2017

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 118/2017-Customs (N.T.)

New Delhi, dated the 21st December, 2017
30 Agrahayana 1939 (SAKA)

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 Central Board of Excise and Customs No. 113/2017-CUSTOMS (N.T.), dated 07th December, 2017 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 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 22nd December, 2017, 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 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 49.95 48.20
2. Bahrain Dinar 175.75 164.20
3. Canadian Dollar 50.80 49.10
4. Chinese Yuan 9. 90 9. 60
5. Danish Kroner 10.40 10.00
6. EURO 77.40 74.75
7. Hong Kong Dollar 8.30 8.05
8. Kuwait Dinar 219.40 204.95
9. New Zealand Dollar 45.75 44.10
10. Norwegian Kroner 7.75 7.45
11. Pound Sterling 87.10 84.10
12. Qatari Riyal 18. 10 17.10
13. Saudi Arabian Riyal 17.65 16.55
14. Singapore Dollar 48.45 46.85
15. South African Rand 5.20 4.85
16. Swedish Kroner 7.75 7.50
17. Swiss Franc 66.05 63.85
18. UAE Dirham 18.05 16.85
19. US Dollar 64.90 63.20

SCHEDULE-II

Sl.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 57.40 55.50
2. Kenya Shilling 64. 90 60.65

[F.No. 468/01/2017-Cus V]

(B. Konthoujam)
Under Secretary to the Govt. of India
TELE: 011- 2309 5541

Categories: Custom Duty
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