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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.109/2013-CUSTOMS (N.T.), dated the 7th November, 2013 vide number S.O.3397 (E), dated the 7th November, 2013, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs(CBEC) 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 22nd November, 2013 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

59.20

57.80

2.

Bahrain Dinar

171.40

162.00

3.

Canadian Dollar               

60.75

59.35

4.

Danish Kroner

11.50

11.15

5.

EURO

85.30

83.35

6.

Hong Kong Dollar

8.15

8.05

7.

Kuwait Dinar

228.65

215.40

8.

New Zealand Dollar

52.55

51.25

9.

Norwegian Kroner

10.40

10.10

10.

Pound Sterling

102.25

100.00

11.

Singapore Dollar

50.85

49.75

12.

South African Rand

6.40

6.00

13.

Saudi Arabian Riyal

17.25

16.30

14.

Swedish Kroner

9.55

9.30

15.

Swiss Franc

69.40

67.55

16.

UAE Dirham

17.60

16.65

17.

US Dollar

63.30

62.30

         

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

63.35

61.80

2.

Kenya Shilling

75.05

70.85

         
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