Notification No. 98/2014-Customs (N.T.)

DATED THE 16th October, 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.96/2014-CUSTOMS (N.T.), dated the 1st October, 2014 vide number S.O. 2574 (E), dated the 1st October, 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 17th October, 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.

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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 54.75 53.45
2. Bahrain Dinar 167.95 158.80
3. Canadian Dollar 55.30 54.05
4. Danish Kroner 10.75 10.45
5. EURO 79.90 78.00
6. Hong Kong Dollar 8.00 7.85
7. Kuwait Dinar 220.00 207.55
8. New Zealand Dollar 49.80 48.40
9. Norwegian Kroner 9.55 9.25
10. Pound Sterling 99.45 97.25
11. Singapore Dollar 48.95 47.90
12. South African Rand 5.70 5.40
13. Saudi Arabian Riyal 16.90 15.95
14. Swedish Kroner 8.70 8.45
15. Swiss Franc 66.20 64.60
16. UAE Dirham 17.25 16.30
17. US Dollar 62.05 61.05

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 58.70 57.30
2. Kenya Shilling 71.25 67.05

[F.No.468/01/2014-Cus.V]

(SATYAJIT MOHANTY)

DIRECTOR (ICD)

TELE: 2309 3380

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