Rupee Gains to 61.25 from 61.85 for Customs Valuation
on Imports w.e.f. 22 Aug 2014
[Customs Notification No. 72 (Non Tariff)
dated 21st August 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.57/2014-CUSTOMS
(N.T.), dated the 7th August, 2014 vide number S.O. 2009 (E),
dated the 7th August, 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 22nd August,
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 |
56.95 |
55.45 |
|
2. |
Bahrain Dinar |
165.80 |
156.70 |
|
3. |
Canadian Dollar |
56.05 |
54.65 |
|
4. |
Danish Kroner |
10.95 |
10.65 |
|
5. |
EURO |
81.50 |
79.55 |
|
6. |
Hong Kong Dollar |
7.90 |
7.75 |
|
7. |
Kuwait Dinar |
220.05 |
207.85 |
|
8. |
New Zealand Dollar |
51.45 |
50.15 |
|
9. |
Norwegian Kroner |
9.95 |
9.65 |
|
10. |
Pound Sterling |
101.85 |
99.60 |
|
11. |
Singapore Dollar |
49.10 |
48.00 |
|
12. |
South African Rand |
5.80 |
5.50 |
|
13. |
Saudi Arabian Riyal |
16.65 |
15.75 |
|
14. |
Swedish Kroner |
8.90 |
8.65 |
|
15. |
Swiss Franc |
67.30 |
65.70 |
|
16. |
UAE Dirham |
17.00 |
16.10 |
|
17. |
US Dollar |
61.25 |
60.25 |
|
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 |
59.20 |
57.80 |
|
2. |
Kenya Shilling |
70.85 |
66.85 |
[F.No.468/01/2014-Cus.V]