Rupee Falls to 62.60 from 61.90 for Customs Valuation on Imports w.e.f. 21
Nov 2014
[Customs Notification No. 111 (Non Tariff) dated 20th
November 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.101/2014-CUSTOMS (N.T.), dated the 5th November, 2014 vide number
S.O. 2830 (E), dated the 5th November, 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 21st November, 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 |
|||
|
SNo. |
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 |
54.00 |
52.70 |
|
2. |
Bahrain Dinar |
169.45 |
160.20 |
|
3. |
Canadian Dollar |
55.40 |
54.05 |
|
4. |
Danish Kroner |
10.60 |
10.30 |
|
5. |
EURO |
78.90 |
77.00 |
|
6. |
Hong Kong Dollar |
8.10 |
7.95 |
|
7. |
Kuwait Dinar |
219.65 |
207.45 |
|
8. |
New Zealand Dollar |
49.30 |
48.05 |
|
9. |
Norwegian Kroner |
9.30 |
9.00 |
|
10. |
Pound Sterling |
98.45 |
96.25 |
|
11. |
Singapore Dollar |
48.25 |
47.10 |
|
12. |
South African Rand |
5.75 |
5.45 |
|
13. |
Saudi Arabian Riyal |
17.05 |
16.10 |
|
14. |
Swedish Kroner |
8.50 |
8.30 |
|
15. |
Swiss Franc |
65.75 |
64.00 |
|
16. |
UAE Dirham |
17.40 |
16.45 |
|
17. |
US Dollar |
62.60 |
61.60 |
|
Schedule-II |
|||
|
SNo. |
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 |
53.10 |
51.85 |
|
2. |
Kenya Shilling |
71.00 |
66.90 |
[F.No.468/01/2014-Cus.V]