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Date: 20-04-2017
Notification No: Notification No.40/2017 - Customs (N.T.)
Issuing Authority: Indian Customs  
Type: Non Tariff
File No: F.No. 468/01/2017-Cus.V
Subject: Rate of exchange of conversion of the foreign currency with effect from 21st April, 2017

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No.40/2017 - Customs (N.T.)

New Delhi, dated the 20th April, 2017
30 Chaitra, 1939 (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.33/2017-CUSTOMS (N.T.), dated 6th April, 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 21st April, 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.

SCHEDULE-I

Sl.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1) (2) (3)
    (a) (b)
1. Australian Dollar 49.50 47.75
2. Bahrain Dinar 177.75 165.75
3. Canadian Dollar 48.85 47.20
4. Chinese Yuan 9.55 9.25
5. Danish Kroner 9.50 9.15
6. EURO 70.65 68.20
7. Hong Kong Dollar 8.45 8.20
8. Kuwait Dinar 219.65 205.35
9. New Zealand Dollar 46.40 44.70
10. Norwegian Kroner 7.70 7.40
11. Pound Sterling 84.25 81.45
12. Qatari Riyal 18.25 17.25
13. Saudi Arabian Riyal 17.85 16.70
14. Singapore Dollar 47.05 45.55
15. South African Rand 5.05 4.70
16. Swedish Kroner 7.35 7.10
17. Swiss Franc 66.05 63.70
18. UAE Dirham 18.20 17.05
19. US Dollar 65.55 63.85

SCHEDULE-II

  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 60.45 58.40
2. Kenya Shilling 64.75 60.50

(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

[F.No. 468/01/2017-Cus.V]

       

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