CBEC Issues Rate of Exchange of Foreign Currency to Indian Rupees

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..... CBEC Issues Rate of Exchange of Foreign Currency to Indian Rupees
News and Press Release
Dated:- 2-5-2014

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.32/2014-CUSTOMS (N.T.), dated the 17th April, 2014 vide number S.O.11 .....

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..... 05 (E), dated the 17th April, 2014, except as respects things done or omitted to be done before such supersession, 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 May, 2014 be th .....

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..... e 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 56.75 55.35 2. Bahrain Dinar 164 .....

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..... .70 155.65 3. Canadian Dollar 55.70 54.40 4. Danish Kroner 11.35 11.00 5. EURO 84.30 82.30 6. Hong Kong Dollar 7.85 7.70 7. Kuwait Dinar 220.85 208.40 8. New Zealand Dollar 52.35 51.05 9. Norwegian Kroner 10.20 9.90 10. Pound Sterling 102.70 100.40 11. Singapore Dollar 48.60 47.50 12. South African Rand 5.90 5.55 13. Saudi Arabian Riyal 16.55 15.65 1 .....

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..... 4. Swedish Kroner 9.35 9.05 15. Swiss Franc 69.15 67.45 16. UAE Dirham 16.90 16.00 17. US Dollar 60.85 59.85 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 59.70 58.25 2. Kenya Shilling 71.55 67.55
News - Press relea .....

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..... se - PIB .....

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