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Notification No. 98/2014, Dated 16th Oct 2014

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

 

Notification  No 98/2014-Customs (N.T.)

 

DATED THE 16th October, 2014

24 Asvina, 1936(SAKA)

 

S.O.       (E). – 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.96/2014-CUSTOMS (N.T.), dated the 1st October, 2014 vide number S.O. 2574 (E), dated the 1st October, 2014, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs 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 17th October, 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

54.75

53.45

2.

Bahrain Dinar

167.95

158.80

3.

Canadian Dollar               

55.30

54.05

4.

Danish Kroner

10.75

10.45

5.

EURO

79.90

78.00

6.

Hong Kong Dollar

8.00

7.85

7.

Kuwait Dinar

220.00

207.55

8.

New Zealand Dollar

49.80

48.40

9.

Norwegian Kroner

9.55

9.25

10.

Pound Sterling

99.45

97.25

11.

Singapore Dollar

48.95

47.90

12.

South African Rand

5.70

5.40

13.

Saudi Arabian Riyal

16.90

15.95

14.

Swedish Kroner

8.70

8.45

15.

Swiss Franc

66.20

64.60

16.

UAE Dirham

17.25

16.30

17.

US Dollar

62.05

61.05

 

 

 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

58.70

57.30

2.

Kenya Shilling

71.25

67.05

 

 

[F.No.468/01/2014-Cus.V]

 

 

(SATYAJIT MOHANTY)

DIRECTOR (ICD)

TELE: 2309 3380

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