Notification No. 1/2017, Dated 5th January 2017

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 1/2017 - Customs (N.T.)

New Delhi, dated the 05th January, 2017
15 Pausha, 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.147/2016-CUSTOMS (N.T.), dated 15th December, 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 06th January, 2017, 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

50.40

48.65

2.

Bahrain Dinar

186.65

174.20

3.

Canadian Dollar

51.95

50.40

4.

Danish Kroner

9.80

9.45

5.

EURO

72.80

70.30

6.

Hong Kong Dollar

8.90

8.65

7.

Kuwait Dinar

229.75

215.10

8.

New Zealand Dollar

48.35

46.65

9.

Norwegian Kroner

8.05

7.80

10.

Pound Sterling

85.15

82.40

11.

Singapore Dollar

48.05

46.55

12.

South African Rand

5.15

4.85

13.

Saudi Arabian Riyal

18.70

17.55

14.

Swedish Kroner

7.60

7.35

15.

Swiss Franc

67.80

65.65

16.

UAE Dirham

19.10

17.90

17.

US Dollar

68.80

67.15

18.

Chinese Yuan

9.95

9.65

19.

Qatari Riyal

19.30

18.25

 

SCHEDULE-II

 

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

59.35

57.45

2.

Kenya Shilling

67.90

63.50

 

[F.No. 468/01/2017-Cus.V]

(Satyajit Mohanty)
Director( ICD)
TELE: 011-2309 3380

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