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Rate of exchange of conversion of each of the foreign currency with effect from the 2nd May, 2014
May, 02nd 2014

 [TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

 

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

 

NOTIFICATION

                                                NO.38/2014-CUSTOMS (N.T.)

 

DATED THE 1st May, 2014

11 Vaisakha, 1936(SAKA)

 

S.O.       (E). – 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 17th April, 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 orvice 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

         

 

Contd…2/….

 

-:2:-

 

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]

 

 

                                               

 

(SATYAJIT MOHANTY)

DIRECTOR (ICD)

TELE: 2309 3380

 

 

 

 
 
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