GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 14/2016-Customs (N.T.)

Dated the 21st  January, 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 & Customs No.02/2016-CUSTOMS (N.T.), dated 07th January, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & 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  January, 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 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 47.70 46.30
2. Bahrain Dinar 185.45 174.80
3. Canadian Dollar 47. 35 46.35
4. Danish Kroner 10.05 9.75
5. EURO 74.70 72.90
6. Hong Kong Dollar 8.75 8.60
7. Kuwait Dinar 229.20 216.60
8. New Zealand Dollar 44.30 43.10
9. Norwegian Kroner 7.75 7.55
10. Pound Sterling 97.30 95.15
11. Singapore Dollar 47.65 46.70
12. South African Rand 4.15 3.95
13. Saudi Arabian Riyal 18.60 17.60
14. Swedish Kroner 8.00 7.80
15. Swiss Franc 68.40 66.70
16. UAE Dirham 19.00 18.00
17. US Dollar 68.40 67.35
18. Chinese Yuan 10.45 10.20

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 58.55 57.25
2. Kenya Shilling 68.20 64.40

[F.No468/01/2016-Cus.V]

(Kshitendra Verma)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

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