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 supersession of the notification of
the Central Board of Excise and Customs (CBEC) No.41/2016-CUSTOMS (N.T.), dated
17th March, 2016, except as respects things done or omitted to be
done before such supersession, the Central Board of Excise and 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 April, 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
|
51.60
|
49.70
|
|
|
2.
|
Bahrain Dinar
|
182.65
|
171.10
|
|
|
3.
|
Canadian
Dollar
|
51.
80
|
50.15
|
|
|
4.
|
Danish Kroner
|
10.40
|
10.00
|
|
|
5.
|
EURO
|
77.25
|
74.70
|
|
|
6.
|
Hong Kong
Dollar
|
8.70
|
8.45
|
|
|
7.
|
Kuwait Dinar
|
228.30
|
213.70
|
|
|
8.
|
New Zealand
Dollar
|
46.40
|
44.60
|
|
|
9.
|
Norwegian
Kroner
|
8.15
|
7.85
|
|
|
10.
|
Pound Sterling
|
95.65
|
92.60
|
|
|
11.
|
Singapore
Dollar
|
50.10
|
48.55
|
|
|
12.
|
South African
Rand
|
4.55
|
4.25
|
|
|
13.
|
Saudi Arabian
Riyal
|
18.35
|
17.20
|
|
|
14.
|
Swedish Kroner
|
8.30
|
8.05
|
|
|
15.
|
Swiss Franc
|
70.85
|
68.55
|
|
|
16.
|
UAE Dirham
|
18.75
|
17.55
|
|
|
17.
|
US Dollar
|
67.50
|
65.80
|
|
|
18.
|
Chinese Yuan
|
10.45
|
10.15
|
|
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
|
62.05
|
60.05
|
|
|
2.
|
Kenya Shilling
|
67.95
|
63.55
|
|
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