Rate of exchange of conversion of the foreign currency with effect from 5th May, 2017


GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 43/2017 – Customs (N.T.)

New Delhi, dated the 4th May, 2017

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.40/2017-CUSTOMS (N.T.), dated 20th April, 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 05th May, 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

Sr. 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 48.65 46.75
2. Bahrain Dinar 176.50 164.55
3. Canadian Dollar 47.60 46.05
4. Chinese Yuan 9.45 9.15
5. Danish Kroner 9.60 9.25
6. EURO 71.25 68.80
7. Hong Kong Dollar 8.35 8.15
8. Kuwait Dinar 218.35 204.10
9. New Zealand Dollar 45.05 43.45
10. Norwegian Kroner 7.55 7.30
11. Pound Sterling 84.10 81.30
12. Qatari Riyal 18.15 17.15
13. Saudi Arabian Riyal 17.70 16.55
14. Singapore Dollar 46.75 45.20
15. South African Rand 4.95 4.60
16. Swedish Kroner 7.40 7.15
17. Swiss Franc 65.75 63.55
18. UAE Dirham 18.10 16.90
19. US Dollar 65.10 63.40

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 57.95 56.00
2. Kenya Shilling 64.50 60.25

[F.No. 468/01/2017-Cus.V]

(Kshitendra Verma)

Under Secretary to the Govt. of India
TELE: 011-2309 5541

 
Notification No : 43/2017 - Customs (N.T.)



Notification posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments



CCI Pro





Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details