CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 24/2014-Customs- Rate of exchange of conversion of each of the foreign currency with effect from March 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.24/2014-CUSTOMS (N.T.)

DATED THE 20^th March, 2014

29 Phalguna, 1935(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.15/2014-CUSTOMS (N.T.), dated the 6^th March, 2014 vide number S.O.694 (E), dated the 6^th March, 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 21^st March, 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	55.85	54.50
2.	Bahrain Dinar	167.10	157.90
3.	Canadian Dollar	55.10	53.75
4.	Danish Kroner	11.55	11.15
5.	EURO	85.65	83.65
6.	Hong Kong Dollar	7.95	7.80
7.	Kuwait Dinar	223.75	211.35
8.	New Zealand Dollar	52.95	51.45
9.	Norwegian Kroner	10.25	9.95
10.	Pound Sterling	102.45	100.20

11.	Singapore Dollar	48.60	47.55
12.	South African Rand	5.80	5.45
13.	Saudi Arabian Riyal	16.80	15.90
14.	Swedish Kroner	9.70	9.40
15.	Swiss Franc	70.35	68.60
16.	UAE Dirham	17.15	16.20
17.	US Dollar	61.75	60.75

                                                               

 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	60.55	59.10
2.	Kenya Shilling	73.00	68.85

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

(Akshay Joshi )

Under Secretary, Government of India