Rupee Starts to Fall again Euro, Aus$, Rises against SFR

[Customs Notification No. 18 (Non Tariff) dated 5th February 2015]

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.09/2015-CUSTOMS (N.T.), dated the 15th January, 2015 vide number S.O.167 (E), dated the 15th January, 2015, 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 6th February, 2015 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

48.85

47.60

2.

Bahrain Dinar

168.95

159.75

3.

Canadian Dollar

49.95

48.75

4.

Danish Kroner

9.60

9.30

5.

EURO

71.15

69.40

6.

Hong Kong Dollar

8.05

7.90

7.

Kuwait Dinar

216.10

203.90

8.

New Zealand Dollar

46.35

45.15

9.

Norwegian Kroner

8.25

8.05

10.

Pound Sterling

95.20

93.05

11.

Singapore Dollar

46.50

45.40

12.

South African Rand

5.55

5.25

13.

Saudi Arabian Riyal

17.00

16.05

14.

Swedish Kroner

7.60

7.40

15.

Swiss Franc

68.05

66.25

16.

UAE Dirham

17.35

16.40

17.

US Dollar

62.45

61.45

 

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

53.35

52.15

2.

Kenya Shilling

69.65

65.55

[F.No.468/01/2015-Cus.V]