August 08, 2014

CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 57/2014-Customs- Rate of exchange of conversion of each of the foreign currency with effect from August 8 , 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. 57 / 2014-Customs (N.T.)

Dated the 7th August, 2014
16 Shravana, 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.53/2014-CUSTOMS (N.T.), dated the 17th July, 2014 vide number S.O.1857 (E), dated the 17th  July, 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 8th August, 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
57.70
56.30
2.
Bahrain Dinar
167.45
158.25
3.
Canadian Dollar               
56.90
55.60
4.
Danish Kroner
11.20
10.85
5.
EURO
83.05
81.10
6.
Hong Kong Dollar
8.00
7.85
7.
Kuwait Dinar
223.00
210.65
8.
New Zealand Dollar
52.75
51.25
9.
Norwegian Kroner
9.95
9.65
10.
Pound Sterling
104.55
102.25
11.
Singapore Dollar
49.70
48.60
12.
South African Rand
5.90
5.55
13.
Saudi Arabian Riyal
16.85
15.90
14.
Swedish Kroner
9.05
8.80
15.
Swiss Franc
68.55
66.70
16.
UAE Dirham
17.20
16.25
17.
US Dollar
61.85
60.85


 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
60.80
59.30
2.
Kenya Shilling
71.90
67.80


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

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