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Date: 18-09-2014
Notification No: Customs Notification No 87/2014 (NT)
Issuing Authority: Indian Customs  
Type: Non Tariff
File No: F.No.468/01/2014-Cus.V
Subject: Rate of exchange of conversion of each of the foreign currency with effect from 19th September, 2014

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

Notification No.87/2014-Customs (N.T.)

Dated the 18th September, 2014
27 Bhadrapada, 1936(SAKA)

S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.75/2014-CUSTOMS (N.T.), dated the 4th September, 2014 vide number S.O. 2229 (E), dated the 4th September, 2014, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 19th September, 2014 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

S.No. 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 55.55 54.20
2. Bahrain Dinar 167.10 157.90
3. Canadian Dollar 56.25 54.95
4. Danish Kroner 10.75 10.40
5. EURO 79.65 77.75
6. Hong Kong Dollar 7.95 7.85
7. Kuwait Dinar 219.55 207.15
8. New Zealand Dollar 50.30 49.05
9. Norwegian Kroner 9.65 9.35
10. Pound Sterling 100.75 98.55
11. Singapore Dollar 48.80 47.70
12. South African Rand 5.70 5.40
13. Saudi Arabian Riyal 16.80 15.85
14. Swedish Kroner 8.65 8.45
15. Swiss Franc 65.85 64.25
16. UAE Dirham 17.15 16.20
17. US Dollar 61.75 60.75

SCHEDULE-II

S.No. 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 57.00 55.65
2. Kenya Shilling 70.70 66.60

[F.No.468/01/2014-Cus.V]

(SATYAJIT MOHANTY)
DIRECTOR (ICD)
TELE: 2309 3380

       

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