December 05, 2014

CA-CS-ICWA-TAX PROFESSIONALS PORTAL - Notification 113/2014-Customs- Rate of exchange of conversion of each of the foreign currency with effect from December 5 , 2014

Amended Exchange Rate notfn. 113/2014-Customs (NT)

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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.113/2014-Customs (N.T.)

4^th December, 2014

13 Agrahayana, 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.111/2014-CUSTOMS (N.T.), dated the 20^th November, 2014 vide number S.O.2943 (E), dated the 20^th 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 5^th December, 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	52.65		51.35
2.	Bahrain Dinar	169.15		159.90
3.	Canadian Dollar	55.20		53.95
4.	Danish Kroner	10.40		10.10
5.	EURO	77.20		75.35
6.	Hong Kong Dollar	8.05		7.95
7.	Kuwait Dinar	218.75		206.25
8.	New Zealand Dollar	48.75		47.35
9.	Norwegian Kroner	8.95		8.70
10.	Pound Sterling	98.30		96.10
11.	Singapore Dollar	47.70	46.70
12.	South African Rand	5.70	5.35
13.	Saudi Arabian Riyal	17.00	16.05
14.	Swedish Kroner	8.35	8.15
15.	Swiss Franc	64.25	62.60
16.	UAE Dirham	17.35	16.40
17.	US Dollar	62.50	61.50

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	52.30	51.10
2.	Kenya Shilling	70.80	66.75

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

(Akshay Joshi)

Under Secretary to the Government of India

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