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 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 46.50
2. Bahrain Dinar 182.95 172.40
3. Canadian Dollar

 

48. 00 46.95
4. Danish Kroner 9.85 9.55
5. EURO 73.35 71.55
6. Hong Kong Dollar 8.70 8.55
7. Kuwait Dinar 226.45 213.95
8. New Zealand Dollar 45.00 43.80
9. Norwegian Kroner 7.60 7.40
10. Pound Sterling 98.95 96.80
11. Singapore Dollar 47.15 46.10
12. South African Rand 4.30 4.10
13. Saudi Arabian Riyal 18.35 17.35
14. Swedish Kroner 7.90 7.70
15. Swiss Franc 67.60 65.90
16. UAE Dirham 18.75 17.70
17. US Dollar 67.45 66.40
18.

 

Chinese Yuan 10.25 10.05

 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 57.30 56.05
2. Kenya Shilling 67.40 63.65

Press Release Ministry of Finance, 07-January, 2016

Direct Taxes Ready Reckoner Service Tax Ready Reckoner Company Law Ready Reckoner tax deduction at source
New Books Released on Tax , GST and law

Leave a Reply