Rate of exchange of conversion of the foreign currency with effect from 7th July, 2017


 Notice Date : 06 July 2017

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No.70/2017-Customs (N.T.)

New Delhi, dated the 6th July, 2017

15 Ashadha, 1939 (SAKA)

 

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.53/2017-CUSTOMS (N.T.), dated 15th June, 2017, 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 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 7th July, 2017, 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

50.20

48.30

2.

Bahrain Dinar

177.70

166.05

3.

Canadian Dollar               

50.80

49.10

4.

Chinese Yuan

9.70

9.35

5.

Danish Kroner

10.05

9.70

6.

EURO

74.65

72.25

7.

Hong Kong Dollar

8.40

8.20

8.

Kuwait Dinar

221.10

206.55

9.

New Zealand Dollar

48.10

46.20

10.

Norwegian Kroner

7.85

7.55

11.

Pound Sterling

85.35

82.50

12.

Qatari Riyal

18.10

17.00

13.

Saudi Arabian Riyal

17.85

16.70

14.

Singapore Dollar

47.65

46.20

15.

South African Rand

5.00

4.65

16.

Swedish Kroner

7.75

7.50

17.

Swiss Franc

68.40

65.95

18.

UAE Dirham

18.25

17.05

19.

US Dollar

65.65

63.95

         
 

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

58.30

56.35

2.

Kenya Shilling

64.65

60.40

 
[F.No. 468/01/2017-Cus.V]
(Satyajit Mohanty)
Director (ICD)
TELE: 011-2309 3380
 

Guest
on 07 July 2017
Notification No : 70/2017-Customs (N.T.)
Published in Custom
Source : ,

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