Notification No.87/2014-Customs (N.T.) Dated the 18th September, 2014

posted Sep 18, 2014, 11:38 AM by Prakash 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.87/2014-Customs (N.T.)

 

Dated the 18th September, 2014

27 Bhadrapada, 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.75/2014-CUSTOMS (N.T.), dated the 4thSeptember, 2014 vide number S.O. 2229 (E), dated the 4th September, 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 September, 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 Goods)

  (For Export Goods)

1.

Australian Dollar

55.55

54.20

2.

Bahrain Dinar

167.10

157.90

3.

Canadian Dollar               

56.25

54.95

4.

Danish Kroner

10.75

10.40

5.

EURO

79.65

77.75

6.

Hong Kong Dollar

7.95

7.85

7.

Kuwait Dinar

219.55

207.15

8.

New Zealand Dollar

50.30

49.05

9.

Norwegian Kroner

9.65

9.35

10.

Pound Sterling

100.75

98.55

11.

Singapore Dollar

48.80

47.70

12.

South African Rand

5.70

5.40

13.

Saudi Arabian Riyal

16.80

15.85

14.

Swedish Kroner

8.65

8.45

15.

Swiss Franc

65.85

64.25

16.

UAE Dirham

17.15

16.20

17.

US Dollar

61.75

60.75

 

 

 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 Goods)

  (For Export Goods)

1.

Japanese Yen

57.00

55.65

2.

Kenya Shilling

70.70

66.60

 

 

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

 

(SATYAJIT MOHANTY)

DIRECTOR (ICD)

TELE: 2309 3380

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