Date: |
19-05-2016
|
Notification No: |
Customs Notification No. 77/2016 (NT)
|
Issuing Authority: |
Indian Customs
|
Type: |
Non Tariff
|
File No: |
F. No. 468/01/2016-Cus.V |
Subject: |
Rate of exchange of conversion of the foreign currency with effect from 20th May, 2016
|
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
Notification No.77/2016 - Customs (N.T.)
New Delhi, dated the 19th May, 2016
29 Vaisakha, 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.64/2016-CUSTOMS (N.T.), dated 05th May, 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 20th May, 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 |
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 |
49.35 |
47.60 |
2. |
Bahrain Dinar |
184.50 |
172.20 |
3. |
Canadian Dollar |
52.25 |
50.65 |
4. |
Danish Kroner |
10.35 |
9.95 |
5. |
EURO |
76.70 |
74.15 |
6. |
Hong Kong Dollar |
8.75 |
8.55 |
7. |
Kuwait Dinar |
230.15 |
215.35 |
8. |
New Zealand Dollar |
46.10 |
44.45 |
9. |
Norwegian Kroner |
8.20 |
7.90 |
10. |
Pound Sterling |
99.50 |
96.35 |
11. |
Singapore Dollar |
49.40 |
47.90 |
12. |
South African Rand |
4.35 |
4.10 |
13. |
Saudi Arabian Riyal |
18.50 |
17.35 |
14. |
Swedish Kroner |
8.20 |
7.90 |
15. |
Swiss Franc |
69.25 |
66.85 |
16. |
UAE Dirham |
18.90 |
17.70 |
17. |
US Dollar |
68.05 |
66.35 |
18. |
Chinese Yuan |
10.45 |
10.10 |
SCHEDULE-II
Sl.No. |
Foreign Currency |
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. |
Japanese Yen |
62.10 |
60.10 |
2. |
Kenya Shilling |
68.75 |
64.30 |
[F. No. 468/01/2016-Cus.V]
(Satyajit Mohanty)
Director (ICD)
TELE: 011-23093380
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