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Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified

Posted on: 03/Apr/2015 2:50:15 PM - No. of views : (1572)

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.32/2015-CUSTOMS (N.T.), dated the 19th March, 2015 vide number S.O.802 (E), dated the 19th March, 2015, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs (CBEC) 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 2nd April, 2015 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	48.50	47.10
2.	Bahrain Dinar	171.05	161.70
3.	Canadian Dollar	49.95	48.75
4.	Danish Kroner	9.20	8.95
5.	EURO	68.55	66.85
6.	Hong Kong Dollar	8.15	8.00
7.	Kuwait Dinar	214.85	202.45
8.	New Zealand Dollar	47.55	46.30
9.	Norwegian Kroner	7.90	7.70
10.	Pound Sterling	93.70	91.55
11.	Singapore Dollar	46.05	45.05
12.	South African Rand	5.30	5.00
13.	Saudi Arabian Riyal	17.20	16.25
14.	Swedish Kroner	7.35	7.20
15.	Swiss Franc	65.50	63.95
16.	UAE Dirham	17.55	16.60
17.	US Dollar	63.20	62.20

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	52.75	51.55
2.	Kenya Shilling	70.00	66.05

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Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified

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