April 04, 2014

CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 26/2014-Customs- Rate of exchange of conversion of each of the foreign currency with effect from April 4 , 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.26/2014-CUSTOMS (N.T.)




DATED THE 3rd April, 2014

13 Chaitra, 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.24/2014-CUSTOMS (N.T.), dated the 20th March, 2014 vide number S.O.862 (E), dated the 20th March, 2014, 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 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 4th April, 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
54.55
2.
Bahrain Dinar
163.65
154.60
3.
Canadian Dollar               
55.10
53.70
4.
Danish Kroner
11.25
10.85
5.
EURO
83.45
81.45
6.
Hong Kong Dollar
7.80
7.65
7.
Kuwait Dinar
219.05
206.80
8.
New Zealand Dollar
51.85
50.55
9.
Norwegian Kroner
10.20
9.90
10.
Pound Sterling
100.95
98.70








11.
Singapore Dollar
48.10
46.90
12.
South African Rand
5.85
5.45
13.
Saudi Arabian Riyal
16.45
15.55
14.
Swedish Kroner
9.40
9.10
15.
Swiss Franc
68.50
66.60
16.
UAE Dirham
16.80
15.85
17.
US Dollar
60.45
59.45



                                                              



 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
58.40
56.95
2.
Kenya Shilling
71.35
67.35










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





                                               



(SATYAJIT MOHANTY)

DIRECTOR (ICD)

TELE: 2309 3380


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