Rupee Rises to 62.20 for Customs Valuation on Imports
w.e.f. 17 Jan 2014
[Customs Notification No. 03 (Non Tariff) dated 16th January
2014]
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.1/2014-CUSTOMS
(N.T.), dated the 2nd January, 2014 vide number S.O. 17 (E),
dated the 2nd January, 2014, except as respects things done or
omitted to be done before such super session, the Central Board of Excise and
Customs 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 17th January,
2014 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 |
55.05 |
53.70 |
|
2. |
Bahrain Dinar |
168.30 |
159.10 |
|
3. |
Canadian Dollar |
57.05 |
55.75 |
|
4. |
Danish Kroner |
11.45 |
11.10 |
|
5. |
EURO |
85.05 |
83.05 |
|
6. |
Hong Kong Dollar |
8.00 |
7.90 |
|
7. |
Kuwait Dinar |
224.60 |
211.60 |
|
8. |
New Zealand Dollar |
52.10 |
50.65 |
|
9. |
Norwegian Kroner |
10.20 |
9.90 |
|
10. |
Pound Sterling |
102.15 |
99.90 |
|
11. |
Singapore Dollar |
48.95 |
47.90 |
|
12. |
South African Rand |
5.85 |
5.50 |
|
13. |
Saudi Arabian Riyal |
16.90 |
16.00 |
|
14. |
Swedish Kroner |
9.70 |
9.40 |
|
15. |
Swiss Franc |
68.70 |
67.05 |
|
16. |
UAE Dirham |
17.30 |
16.35 |
|
17. |
US Dollar |
62.20 |
61.20 |
|
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 |
59.55 |
58.15 |
|
2. |
Kenya Shilling |
74.00 |
69.85 |
[F.No.468/01/2014-Cus.V]