GOVERNMENT
OF INDIA
MINISTRY
OF FINANCE
(DEPARTMENT
OF REVENUE)
(CENTRAL
BOARD OF EXCISE AND CUSTOMS)
Notification
No.96/2016 - Customs (N.T.)
New Delhi, dated
the 06th July, 2016
15 Ashadha, 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.87/2016-CUSTOMS (N.T.), dated 16th
June, 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 July, 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 |
51.50 |
49.75 |
2. |
Bahrain
Dinar |
185.00 |
172.65 |
3. |
Canadian
Dollar |
53.10 |
51.45 |
4. |
Danish
Kroner |
10.25 |
09.90 |
5. |
EURO |
76.25 |
73.70 |
6. |
Hong
Kong Dollar |
8.80 |
8.55 |
7. |
Kuwait
Dinar |
230.55 |
215.75 |
8. |
New
Zealand Dollar |
49.45 |
47.75 |
9. |
Norwegian
Kroner |
8.25 |
7.95 |
10. |
Pound
Sterling |
91.40 |
87.15 |
11. |
Singapore
Dollar |
50.80 |
49.20 |
12. |
South
African Rand |
4.75 |
4.45 |
13. |
Saudi
Arabian Riyal |
18.55 |
17.40 |
14. |
Swedish
Kroner |
8.15 |
7.85 |
15. |
Swiss
Franc |
70.50 |
68.25 |
16. |
UAE
Dirham |
18.95 |
17.75 |
17. |
US
Dollar |
68.20 |
66.55 |
18. |
Chinese
Yuan |
10.25 |
09.95 |
SCHEDULE-II
Sl.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 |
67.05 |
64.85 |
2. |
Kenya
Shilling |
68.90 |
64.40 |
[F.No468/01/2016-Cus.V
(Kshitendra
Verma)
Under Secretary
to the Govt. of India
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