June 06, 2014

CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 45/2014-Customs- Rate of exchange of conversion of each of the foreign currency with effect from June 6 , 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.45/2014-CUSTOMS (N.T.)


DATED THE 5th June, 2014
15 Jyaistha, 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.41/2014-CUSTOMS (N.T.), dated the 15th May, 2014 vide number S.O.1292 (E), dated the 15th May, 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 6th June, 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
55.80
54.45
2.
Bahrain Dinar
162.00
153.05
3.
Canadian Dollar               
54.90
53.50
4.
Danish Kroner
11.00
10.65
5.
EURO
81.70
79.75
6.
Hong Kong Dollar
7.75
7.60
7.
Kuwait Dinar
216.70
204.45
8.
New Zealand Dollar
50.75
49.45
9.
Norwegian Kroner
10.05
9.75
10.
Pound Sterling
100.55
98.30


11.
Singapore Dollar
47.80
46.60
12.
South African Rand
5.70
5.35
13.
Saudi Arabian Riyal
16.30
15.40
14.
Swedish Kroner
9.05
8.80
15.
Swiss Franc
67.05
65.20
16.
UAE Dirham
16.65
15.70
17.
US Dollar
59.85
58.85

                                                               

 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
58.60
57.15
2.
Kenya Shilling
69.85
65.90


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


                                               

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




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