Rupee Gains against All Currencies for Customs Valuation in 16 July 2015 Notification

[Customs Notification No. 68 (Non Tariff) dated 16th July 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 Central Board of Excise & Customs No.66/2015-CUSTOMS (N.T.), dated 2nd July, 2015, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies 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 July, 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

Sl.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

47.60

46.20

2.

Bahrain Dinar

173.45

163.95

3.

Canadian Dollar

49.80

48.60

4.

Danish Kroner

9.45

9.20

5.

EURO

70.35

68.60

6.

Hong Kong Dollar

8.25

8.15

7.

Kuwait Dinar

216.15

204.30

8.

New Zealand Dollar

42.30

41.00

9.

Norwegian Kroner

7.90

7.70

10.

Pound Sterling

100.50

98.25

11.

Singapore Dollar

47.05

46.05

12.

South African Rand

5.25

4.95

13.

Saudi Arabian Riyal

17.45

16.50

14.

Swedish Kroner

7.55

7.35

15.

Swiss Franc

67.45

65.90

16.

UAE Dirham

17.80

16.85

17.

US Dollar

64.10

63.10

 

Schedule-II

Sl.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

51.95

50.80

2.

Kenya Shilling

64.25

60.45

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