Exchange Rate Relating to Imported and Export Goods Notified

By | January 7, 2016
(Last Updated On: January 7, 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 super session of the notification of the Central Board of Excise & Customs (CBEC) No.144/2015-CUSTOMS (N.T.), dated 17th December, 2015, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs (CBEC) 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 08th 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 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 Dollar47.7046.50
2.Bahrain Dinar182.95172.40
3.Canadian Dollar

 

48. 0046.95
4.Danish Kroner9.859.55
5.EURO73.3571.55
6.Hong Kong Dollar8.708.55
7.Kuwait Dinar226.45213.95
8.New Zealand Dollar45.0043.80
9.Norwegian Kroner7.607.40
10.Pound Sterling98.9596.80
11.Singapore Dollar47.1546.10
12.South African Rand4.304.10
13.Saudi Arabian Riyal18.3517.35
14.Swedish Kroner7.907.70
15.Swiss Franc67.6065.90
16.UAE Dirham18.7517.70
17.US Dollar67.4566.40
18.

 

Chinese Yuan10.2510.05

 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 Yen57.3056.05
2.Kenya Shilling67.4063.65

Press Release Ministry of Finance, 07-January, 2016

Direct Taxes Ready ReckonerService Tax Ready ReckonerCompany Law Ready Reckonertax deduction at source
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