Rupee Falls to 63.85 from 62.50 for Customs
Valuation on Imports w.e.f. 19 Dec 2014
[Customs
Notification No. 116 (Non Tariff) dated 18th
December 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.113/2014-CUSTOMS (N.T.),
dated the 4th December, 2014 vide number S.O.3066 (E), dated the 4th December,
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 19th December, 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 |
52.35 |
50.90 |
|
2.
|
Bahrain
Dinar |
172.75 |
163.30 |
|
3.
|
Canadian
Dollar |
55.05 |
53.80 |
|
4.
|
Danish
Kroner |
10.65 |
10.35 |
|
5.
|
EURO
|
79.15 |
77.25 |
|
6.
|
Hong
Kong Dollar |
8.25 |
8.10 |
|
7.
|
Kuwait
Dinar |
222.70 |
210.25 |
|
8.
|
New
Zealand Dollar |
49.45 |
48.20 |
|
9.
|
Norwegian
Kroner |
8.65 |
8.40 |
|
10.
|
Pound
Sterling |
99.90 |
97.65 |
|
11.
|
Singapore
Dollar |
48.80 |
47.65 |
|
12.
|
South
African Rand |
5.60 |
5.30 |
|
13.
|
Saudi
Arabian Riyal |
17.35 |
16.40 |
|
14.
|
Swedish
Kroner |
8.35 |
8.15 |
|
15.
|
Swiss
Franc |
65.95 |
64.25 |
|
16.
|
UAE
Dirham |
17.75 |
16.75 |
|
17.
|
US
Dollar |
63.85 |
62.80 |
|
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 |
54.05 |
52.80 |
|
2.
|
Kenya
Shilling |
72.15 |
68.05 |
[F.No.468/01/2014-Cus.V]