Wait...

Online Export Import Data Search

Complete Training Video : Click Here

Date: 06-07-2017
Notification No: Notification No. 70/2017 - 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 7th July, 2017

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

Notification No. 70/2017 - Customs (N.T.)

New Delhi, dated the 6th July, 2017
15 Ashadha, 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.53/2017-CUSTOMS (N.T.), dated 15th June, 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 7th July, 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 50.20 48.30
2 Bahrain Dinar 177.70 166.05
3 Canadian Dollar 50.80 49.10
4 Chinese Yuan 9.70 9.35
5 Danish Kroner 10.05 9.70
6 EURO 74.65 72.25
7 Hong Kong Dollar 8.40 8.20
8 Kuwait Dinar 221.10 206.55
9 New Zealand Dollar 48.10 46.20
10 Norwegian Kroner 7.85 7.55
11 Pound Sterling 85.35 82.50
12 Qatari Riyal 18.10 17.00
13 Saudi Arabian Riyal 17.85 16.70
14 Singapore Dollar 47.65 46.20
15 South African Rand 5.00 4.65
16 Swedish Kroner 7.75 7.50
17 Swiss Franc 68.40 65.95
18 UAE Dirham 18.25 17.05
19 US Dollar 65.65 63.95

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 58.30 56.35
2 Kenya Shilling 64.65 60.40

(Satyajit Mohanty)
Director (ICD)
TELE: 011-2309 3380
[F. No. 468/01/2017-Cus.V]

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 20-02-2018
DGFT Notification No. 51/2015-2020
Amendment in the Foreign Trade (Exemption from application of Rules in certain cases) Amendment Order, 2017.

Date: 19-02-2018
Notification No. 14/2018-Customs (N.T.)
Customs Tariff (Determination of Origin of Goods under the Comprehensive Economic Partnership Agreement between the Republic of India and Japan) Amendment Rules, 2018

Date: 16-02-2018
Public Notice No. 62/2015-2020
Directtives for processing of applicatin for MEIS claims under Foreign Trade Policy 2015-20

Date: 16-02-2018
Public Notice No. 61/2015-2020
Inclusion of Seaports located at Dhamra Port and Dighi Port under Para 4.37 of Hand Book of Procedures 2015-20.

Date: 15-02-2018
Public Notice No. 60/2015-2020
Amendments/Corrections in Table 2 of Appendix 3B Foreign Trade Policy 2015-20

Date: 15-02-2018
Notification No. 13/2018-Customs (N.T.)
Exchange Rates Notification No.11/2018-Custom(NT) dated 1.2.2018

Date: 15-02-2018
Notification No. 12/2018-Customs (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver.

Date: 12-02-2018
Notification No. 26/2018-Customs
seeks to further amend the notification No. 50/2017- Customs, dated the 30th June 2017 so as to reduce the Basic Customs Duty on motorcycles falling under tariff heading 8711.

Date: 06-02-2018
Notification No. 25/2018-Customs
Seeks to increase BCD tariff rate on Chana (Chickpeas), [Tariff item 0713 20 0] from 30% to 40% by invoking section 8A (1) of the Customs Tariff Act, 1975 and accordingly, the effective rate of BCD on Chana (Chickpeas), will also be 40%.

Date: 06-02-2018
Notification No. 24/2018-Customs
Seeks to increase import duty on all types of sugar under tariff head 1701, [Raw sugar, Refined or White sugar, Raw sugar if imported by bulk consumer] from the present 50% to 100% (Tariff rate) with immediate effect and without an end date.



Exim Guru Copyright © 1999-2018 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001