January 03, 2014

CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 01/2014-Customs- Rate of exchange of conversion of each of the foreign currency with effect from January 3, 2014

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

NOTIFICATION 

NO. 01  /2014-CUSTOMS (N.T.)




DATED THE 2nd January, 2014

12 Pausha, 1935(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.131/2013-CUSTOMS (N.T.), dated the 19th December, 2013 vide number S.O. 3731(E), dated the 19th December, 2013, 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 3rd January, 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
55.95
54.45
2.
Bahrain Dinar
168.80
159.55
3.
Canadian Dollar               
58.55
57.50
4.
Danish Kroner
11.60
11.25
5.
EURO
86.05
84.20
6.
Hong Kong Dollar
8.05
7.90
7.
Kuwait Dinar
225.40
212.95
8.
New Zealand Dollar
51.60
50.30
9.
Norwegian Kroner
10.35
10.05
10.
Pound Sterling
103.85
101.55













11.
Singapore Dollar
49.50
48.40
12.
South African Rand
6.10
5.70
13.
Saudi Arabian Riyal
16.95
16.05
14.
Swedish Kroner
9.75
9.45
15.
Swiss Franc
70.25
68.55
16.
UAE Dirham
17.30
16.40
17.
US Dollar
62.35
61.35



                                                              



 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
59.45
58.05
2.
Kenya Shilling
73.80
69.40










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





                                               



(M. SATISH KUMAR REDDY)

DIRECTOR (ICD)

TELE: 2309 3380
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