Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
News and Press Release
Dated:- 6-7-2016

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.87/2016-CUSTOMS (N.T.), dated 16th June, 2016, except as respects things done or omitted t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o 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 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 07th July, 2016, be the rate mentioned against it in the corresponding entry in column (3) the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... reof, 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 51.50 49.75 2. Bahrain Dinar 185.00 172.65 3. Canadian Dollar 53.10 51.45 4. Danish Kroner 10 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... .25 09.90 5. EURO 76.25 73.70 6. Hong Kong Dollar 8.80 8.55 7. Kuwait Dinar 230.55 215.75 8. New Zealand Dollar 49.45 47.75 9. Norwegian Kroner 8.25 7.95 10. Pound Sterling 91.40 87.15 11. Singapore Dollar 50.80 49.20 12. South African Rand 4.75 4.45 13. Saudi Arabian Riyal 18.55 17.40 14. Swedish Kroner 8.15 7.85 15. Swiss Franc 70.50 68.25 16. UAE D .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... irham 18.95 17.75 17. US Dollar 68.20 66.55 18. Chinese Yuan 10.25 09.95 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 67.05 64.85 2. Kenya Shilling 68.90 64.40
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates