Exchange Rate of Foreign Currency relating to Imported and Export Goods Notified

By | October 20, 2016
(Last Updated On: October 20, 2016)

Exchange Rate of Foreign Currency relating to Imported and Export Goods Notified

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 and Customs No.124/2016-CUSTOMS (N.T.), dated 06th October, 2016, except as respects things done or omitted to be done before such supersession, 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 21stOctober, 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 CurrencyRate 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 Dollar52.2050.40
2.Bahrain Dinar183.20170.95
3.Canadian Dollar51.6050.00
4.Danish Kroner10.059.65
5.EURO74.5072.00
6.Hong Kong Dollar8.708.50
7.Kuwait Dinar227.90213.25
8.New Zealand Dollar49.3547.45
9.Norwegian Kroner8.358.05
10.Pound Sterling83.4580.70
11.Singapore Dollar48.9047.30
12.South African Rand5.004.65
13.Saudi Arabian Riyal18.4017.20
14.Swedish Kroner7.707.40
15.Swiss Franc68.6066.40
16.UAE Dirham18.7517.60
17.US Dollar67.5565.90
18.

 

Chinese Yuan10.059.75

 

 

SCHEDULE-II

 

Sl.No.Foreign CurrencyRate 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 Yen65.5563.35
2.Kenya Shilling68.0563.65
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