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Rate of exchange of conversion of the foreign currency with effect from 8th January, 2016 - 02/2016 - Customs - Non TariffExtract Superseded vide Not. 14/2016 - Dated 21-1-2016 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 02/2016 - Customs (N.T.) Dated the 07th January, 2016 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 Central Board of Excise Customs No.144/2015-CUSTOMS (N.T.), dated 17th December, 2015 , except as respects things done or omitted to be done before such supersession, the Central Board of Excise Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 08th January, 2016, 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 Sl. 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 47.70 46.50 2. Bahrain Dinar 182.95 172.40 3. Canadian Dollar 48. 00 46.95 4. Danish Kroner 9.85 9.55 5. EURO 73.35 71.55 6. Hong Kong Dollar 8.70 8.55 7. Kuwait Dinar 226.45 213.95 8. New Zealand Dollar 45.00 43.80 9. Norwegian Kroner 7.60 7.40 10. Pound Sterling 98.95 96.80 11. Singapore Dollar 47.15 46.10 12. South African Rand 1 [4.10] 1 [3.85] 13. Saudi Arabian Riyal 18.35 17.35 14. Swedish Kroner 7.90 7.70 15. Swiss Franc 67.60 65.90 16. UAE Dirham 18.75 17.70 17. US Dollar 67.45 66.40 18. Chinese Yuan 10.25 10.05 SCHEDULE-II Sl.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 57.30 56.05 2. Kenya Shilling 67.40 63.65 [F. No 468/01/2016-Cus.V] (Kshitendra Verma) Under Secretary to the Govt. of India --------------------------- Notes:- 1. Substituted vide Not. 12/2016 - Dated 12-1-2016 , before it was read as, 4.30 and 4.10 respectively
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