24 /2014-Cus. (N. T.) dated on 21/03/2014
 

Rate of exchange for conversion of foreign currency w.e.f 21.03.2014

[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.24/2014-CUSTOMS (N.T.)

 

DATED THE 20th March, 2014
29 Phalguna, 1935(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.15/2014-CUSTOMS (N.T.), dated the 6th March, 2014 vide number S.O.694 (E), dated the 6th March, 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 versashall, with effect from 21st March, 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 55.85 54.50
2. Bahrain Dinar 167.10 157.90
3. Canadian Dollar                55.10 53.75
4. Danish Kroner 11.55 11.15
5. EURO 85.65 83.65
6. Hong Kong Dollar 7.95 7.80
7. Kuwait Dinar 223.75 211.35
8. New Zealand Dollar 52.95 51.45
9. Norwegian Kroner 10.25 9.95
10. Pound Sterling 102.45 100.20
 

Contd…2/….

-:2:-
 

11. Singapore Dollar 48.60 47.55
12. South African Rand 5.80 5.45
13. Saudi Arabian Riyal 16.80 15.90
14. Swedish Kroner 9.70 9.40
15. Swiss Franc 70.35 68.60
16. UAE Dirham 17.15 16.20
17. US Dollar 61.75 60.75
 
                                                               
 

 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 60.55 59.10
2. Kenya Shilling 73.00 68.85
         
 
 

[F.No.468/01/2014-Cus.V]
 
 
                                               
 
(Akshay Joshi )
Under Secretary, Government of India