GOVERNMENT
OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
Notification
No.124/2016 - Customs (N.T.)
New Delhi, dated
the 06 October, 2016
14 Asvina, 1938 (SAKA)
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 No.121/2016-CUSTOMS (N.T.), dated 15th
September, 2016, except as respects things done or omitted to be done before
such supersession, the Central Board of Excise and Customs 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 07th October, 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 |
183.00 |
170.75 |
3. |
Canadian Dollar |
51.30 |
49.75 |
4. |
Danish Kroner |
10.20 |
9.85 |
5. |
EURO |
75.90 |
73.35 |
6. |
Hong Kong Dollar |
8.70 |
8.45 |
8. |
Kuwait Dinar |
228.35 |
213.65 |
8. |
New Zealand Dollar |
48.60 |
46.90 |
9. |
Norwegian Kroner |
8.45 |
8.15 |
10. |
Pound Sterling |
86.20 |
83.40 |
11. |
Singapore Dollar |
49.45 |
47.85 |
12. |
South African Rand |
5.00 |
4.70 |
13. |
Saudi Arabian Riyal |
18.35 |
17.20 |
14. |
Swedish Kroner |
7.90 |
7.60 |
15. |
Swiss Franc |
69.55 |
67.15 |
16. |
UAE Dirham |
18.75 |
17.55 |
17. |
US Dollar |
67.50 |
65.80 |
18. |
Chinese Yuan |
10.15 |
9.80 |
SCHEDULE-II
Sl.No. |
Foreign Sl.No. 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 |
65.55 |
63.30 |
2. |
Kenya Shilling |
68.05 |
63.60 |
[F.No.
468/01/2016-Cus.V]
(Kshitendra
Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541
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