Rate of exchange of conversion of each of the foreign currency with effect from 05th December, 2014

Notification No. 113/2014-Customs (N.T.)

Dated- 4th December, 2014

S.O. (E). – 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 Government of India in the Ministry of Finance (Department of Revenue) No.111/2014-CUSTOMS (N.T.), dated the 20th November, 2014 vide number S.O.2943 (E), dated the 20th November, 2014, 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 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 5th December, 2014 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 52.65 51.35
2. Bahrain Dinar 169.15 159.90
3. Canadian Dollar 55.20 53.95
4. Danish Kroner 10.40 10.10
5. EURO 77.20 75.35
6. Hong Kong Dollar 8.05 7.95
7. Kuwait Dinar 218.75 206.25
8. New Zealand Dollar 48.75 47.35
9. Norwegian Kroner 8.95 8.70
10. Pound Sterling 98.30 96.10
11. Singapore Dollar 47.70 46.70
12. South African Rand 5.70 5.35
13. Saudi Arabian Riyal 17.00 16.05
14. Swedish Kroner 8.35 8.15
15. Swiss Franc 64.25 62.60
16. UAE Dirham 17.35 16.40
17. US Dollar 62.50 61.50

 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 52.30 51.10
2. Kenya Shilling 70.80 66.75

 [F.No.468/01/2014-Cus.V]

(Akshay Joshi)

Under Secretary to the Government of India

More Under Custom Duty

Posted Under

Category : Custom Duty (6671)

Leave a Reply

Your email address will not be published. Required fields are marked *