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Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

//Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

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.81/2017-CUSTOMS (N.T.), dated  17th August, 2017, 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 8th September,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.

 

SCHEDULEI

 

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 52.10 50.30
2. Bahrain Dinar 175.85 164.25
3. Canadian Dollar 53.20 51.50
4. Chinese Yuan 10.00 9.65
5. Danish Kroner 10.45 10.05
6. EURO 77.75 75.10
7. Hong Kong Dollar 8.30 8.05
8. Kuwait Dinar 220.00 205.45
9. New Zealand Dollar 47.05 45.35
10. Norwegian Kroner 8.40 8.05
11. Pound Sterling 85.05 82.20
12. Qatari Riyal 17.95 16.95
13. Saudi Arabian Riyal 17.65 16.55
14. Singapore Dollar 48.25 46.75
15. South African Rand 5.20 4.85
16. Swedish Kroner 8.20 7.90
17. Swiss Franc 68.15 65.90
18. UAE Dirham 18.05 16.90
19. US Dollar 64.90 63.25

 

 

SCHEDULEII

 

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 59.75 57.75
2. Kenya Shilling 64.20 59.95

 

 

By | 2017-09-08T10:49:55+00:00 September 8th, 2017|Government News|0 Comments

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