Rupee Falls to 60.85 from 60.80 for Customs Valuation on
Imports w.e.f. 2 May 2014
[Customs
Notification No. 38 (Non Tariff) dated 1st May 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.32/2014-CUSTOMS (N.T.), dated the 17th
April, 2014 vide number S.O.1105 (E), dated the 17thApril,
2014, 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 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 2nd May,
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 |
56.75 |
55.35 |
|
2. |
Bahrain Dinar |
164.70 |
155.65 |
|
3. |
Canadian Dollar |
55.70 |
54.40 |
|
4. |
Danish Kroner |
11.35 |
11.00 |
|
5. |
EURO |
84.30 |
82.30 |
|
6. |
Hong Kong Dollar |
7.85 |
7.70 |
|
7. |
Kuwait Dinar |
220.85 |
208.40 |
|
8. |
New Zealand Dollar |
52.35 |
51.05 |
|
9. |
Norwegian Kroner |
10.20 |
9.90 |
|
10. |
Pound Sterling |
102.70 |
100.40 |
|
11. |
Singapore Dollar |
48.60 |
47.50 |
|
12. |
South African Rand |
5.90 |
5.55 |
|
13. |
Saudi Arabian Riyal |
16.55 |
15.65 |
|
14. |
Swedish Kroner |
9.35 |
9.05 |
|
15. |
Swiss Franc |
69.15 |
67.45 |
|
16. |
UAE Dirham |
16.90 |
16.00 |
|
17. |
US Dollar |
60.85 |
59.85 |
|
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 |
59.70 |
58.25 |
|
2. |
Kenya Shilling |
71.55 |
67.55 |
[F.No.468/01/2014-Cus.V]