November 20, 2014

CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 111/2014-Customs- Rate of exchange of conversion of each of the foreign currency with effect from November 21 , 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.111/2014 - Customs (N.T.)

DATED THE 20th November, 2014
29 Kartika, 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.101/2014-CUSTOMS (N.T.), dated the 5th November, 2014 vide number S.O. 2830 (E), dated the 5th November, 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 21st  November, 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
54.00
52.70
2.
Bahrain Dinar
169.45
160.20
3.
Canadian Dollar               
55.40
54.05
4.
Danish Kroner
10.60
10.30
5.
EURO
78.90
77.00
6.
Hong Kong Dollar
8.10
7.95
7.
Kuwait Dinar
219.65
207.45
8.
New Zealand Dollar
49.30
48.05
9.
Norwegian Kroner
9.30
9.00
10.
Pound Sterling
98.45
96.25
 11.
Singapore Dollar
48.25
47.10

12.
South African Rand
5.75
5.45

13.
Saudi Arabian Riyal
17.05
16.10

14.
Swedish Kroner
8.50
8.30

15.
Swiss Franc
65.75
64.00

16.
UAE Dirham
17.40
16.45

17.
US Dollar
62.60
61.60


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
53.10
51.85
2.
Kenya Shilling
71.00
66.90


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

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