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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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