October 01, 2014

CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 96/2014-Customs- Rate of exchange of conversion of each of the foreign currency with effect from October 2 , 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. 96/2014-Customs (N.T.)

DATED THE 1st October, 2014
Asvina, 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.87/2014-CUSTOMS (N.T.), dated the 18th September, 2014 vide number S.O. 2439 (E), dated the 18th September, 2014, 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 2nd October, 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
54.35
52.90
2.
Bahrain Dinar
168.65
159.45
3.
Canadian Dollar               
55.75
54.50
4.
Danish Kroner
10.65
10.30
5.
EURO
79.00
77.10
6.
Hong Kong Dollar
8.05
7.90
7.
Kuwait Dinar
220.65
208.10
8.
New Zealand Dollar
48.75
47.35
9.
Norwegian Kroner
9.75
9.45
10.
Pound Sterling
101.25
99.00
11.
Singapore Dollar
48.95
47.90
12.
South African Rand
5.60
5.30
13.
Saudi Arabian Riyal
16.95
16.00
14.
Swedish Kroner
8.70
8.45
15.
Swiss Franc
65.40
63.85
16.
UAE Dirham
17.30
16.35
17.
US Dollar
62.30
61.30

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
56.90
55.55
2.
Kenya Shilling
71.35
67.25


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


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