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.72/2014-CUSTOMS (N.T.), dated the 21^st August, 2014 vide number S.O. 2107 (E), dated the 21^st August, 2014, 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 5^th September, 2014 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	57.35	55.80
2.	Bahrain Dinar	165.15	156.05
3.	Canadian Dollar	56.25	54.80
4.	Danish Kroner	10.85	10.50
5.	EURO	80.55	78.60
6.	Hong Kong Dollar	7.90	7.75
7.	Kuwait Dinar	218.65	206.30
8.	New Zealand Dollar	51.10	49.65
9.	Norwegian Kroner	9.90	9.60
10.	Pound Sterling	100.80	98.55
11.	Singapore Dollar	48.90	47.80
12.	South African Rand	5.85	5.50
13.	Saudi Arabian Riyal	16.60	15.70
14.

Swedish Kroner

8.75

8.50

15.

Swiss Franc

66.85

65.05

16.

UAE Dirham

16.95

16.00

17.

US Dollar

61.00

60.00

         

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	58.45	57.00
2.	Kenya Shilling	70.25	66.30