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]
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