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

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

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