Rate of exchange of conversion of each of the foreign currency wef 3rd January, 2014

TG Team 02 Jan 2014 1,530 Views 0 comment Print Custom Duty | Notifications N.T., Notifications/Circulars

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

Notification No. 01/2014-Customs (N.T.)

DATED THE 2^nd January, 2014

12 Pausha, 1935(SAKA)

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.131/2013-CUSTOMS (N.T.), dated the 19th December, 2013 vide number S.O. 3731(E), dated the 19^th December, 2013, 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 3^rd January, 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	55.95	54.45
2.	Bahrain Dinar	168.80	159.55
3.	Canadian Dollar	58.55	57.50
4.	Danish Kroner	11.60	11.25
5.	EURO	86.05	84.20
6.	Hong Kong Dollar	8.05	7.90
7.	Kuwait Dinar	225.40	212.95
8.	New Zealand Dollar	51.60	50.30
9.	Norwegian Kroner	10.35	10.05
10.	Pound Sterling	103.85	101.55
11.	Singapore Dollar	49.50	48.40
12.	South African Rand	6.10	5.70
13.	Saudi Arabian Riyal	16.95	16.05
14.	Swedish Kroner	9.75	9.45
15.	Swiss Franc	70.25	68.55
16.	UAE Dirham	17.30	16.40
17.	US Dollar	62.35	61.35

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	59.45	58.05
2.	Kenya Shilling	73.80	69.40