NOTIFICATION NO.116/2014-CUSTOMS (N.T.) DATED THE 18th December, 2014

posted Dec 19, 2014, 10:32 PM by Tarun Masani

[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.116/2014-CUSTOMS (N.T.)

DATED THE 18th December, 2014

27 Agrahayana, 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.113/2014-CUSTOMS (N.T.), dated the 4th December, 2014 vide number S.O.3066 (E), dated the 4th December, 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 19th December, 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

 

(For Export

 

 

Goods)

 

Goods)

1.

Australian Dollar

52.35

 

50.90

2.

Bahrain Dinar

172.75

 

163.30

3.

Canadian Dollar

55.05

 

53.80

4.

Danish Kroner

10.65

 

10.35

5.

EURO

79.15

 

77.25

6.

Hong Kong Dollar

8.25

 

8.10

7.

Kuwait Dinar

222.70

 

210.25

8.

New Zealand Dollar

49.45

 

48.20

9.

Norwegian Kroner

8.65

 

8.40

10.

Pound Sterling

99.90

 

97.65

Contd…2/….

-:2:-

11.

Singapore Dollar

48.80

47.65

 

 

 

 

12.

South African Rand

5.60

5.30

 

 

 

 

13.

Saudi Arabian Riyal

17.35

16.40

 

 

 

 

14.

Swedish Kroner

8.35

8.15

 

 

 

 

15.

Swiss Franc

65.95

64.25

16.

UAE Dirham

17.75

16.75

17.

US Dollar

63.85

62.80

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

 

(For Export

 

 

Goods)

 

Goods)

1.

Japanese Yen

54.05

 

 

52.80

2.

Kenya Shilling

72.15

 

 

68.05

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

(SATYAJIT MOHANTY)

DIRECTOR (ICD) TELE: 2309 3380

To

The Manager,

Government of India Press,

Mayapuri, Ring Road, New Delhi.

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