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Rate of exchange of conversion of the foreign currency with effect from 16th December, 2016


 Notice Date : 15 December 2016

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 147/2016 - Customs (N.T.)

New Delhi, dated the 15th December, 2016

24 Agrahayana, 1938 (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(CBEC) No.145/2016-CUSTOMS (N.T.), dated 1st December, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and  Customs (CBEC) 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 16th December, 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

51.35

49.40

2.

Bahrain Dinar

186.25

173.85

3.

Canadian Dollar               

51.85

50.25

4.

Danish Kroner

9.75

9.40

5.

EURO

72.45

70.00

6.

Hong Kong Dollar

8.85

8.60

7.

Kuwait Dinar

229.70

215.00

8.

New Zealand Dollar

49.10

47.20

9.

Norwegian Kroner

8.05

7.75

10.

Pound Sterling

86.50

83.75

11.

Singapore Dollar

47.95

46.45

12.

South African Rand

5.00

4.70

13.

Saudi Arabian Riyal

18.70

17.50

14.

Swedish Kroner

7.45

7.20

15.

Swiss Franc

67.50

65.20

16.

UAE Dirham

19.10

17.90

17.

US Dollar

68.65

67.00

18.

Chinese Yuan

9.95

9.60

         

 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

58.75

56.85

2.

Kenya Shilling

68.70

64.25

         

[F.No. 468/01/2016-Cus.V]

(Kshitendra Verma)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

 

Guest
on 16 December 2016
Notification No : 147/2016 - Customs (N.T.)
Published in Custom
Source : ,










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