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



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 Government of India in the Ministry of Finance (Department of Revenue) No.32/2015-CUSTOMS (N.T.), dated the 19th March, 2015 vide number S.O.802 (E), dated the 19th March, 2015, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs (CBEC) 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 2nd  April, 2015 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
48.50
47.10

2.
Bahrain Dinar
171.05
161.70

3.
Canadian Dollar               
49.95
48.75

4.
Danish Kroner
9.20
8.95

5.
EURO
68.55
66.85

6.
Hong Kong Dollar
8.15
8.00

7.
Kuwait Dinar
214.85
202.45

8.
New Zealand Dollar
47.55
46.30

9.
Norwegian Kroner
7.90
7.70

10.
Pound Sterling
93.70
91.55

11.
Singapore Dollar
46.05
45.05

12.
South African Rand
5.30
5.00

13.
Saudi Arabian Riyal
17.20
16.25

14.
Swedish Kroner
7.35
7.20

15.
Swiss Franc
65.50
63.95

16.
UAE Dirham
17.55
16.60

17.
US Dollar
63.20
62.20

 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
52.75
51.55
2.
Kenya Shilling
70.00
66.05




No comments

Powered by Blogger.