41/2014-Cus(NT),dt. 15-05-2014
 

Rate of exchange of conversion of each of the foreign currency with effect from the 16th May, 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. 41/2014 - Customs (N.T.)
 

Dated the 15th May, 2014
25 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.38/2014-CUSTOMS (N.T.), dated the 1st May, 2014 vide number S.O.         (E), dated the 1st May, 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 16th 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 56.50 55.10
2. Bahrain Dinar 162.70 153.70
3. Canadian Dollar                55.55 54.10
4. Danish Kroner 11.15 10.80
5. EURO 82.80 80.85
6. Hong Kong Dollar 7.75 7.60
7. Kuwait Dinar 217.90 205.45
8. New Zealand Dollar 52.30 51.00
9. Norwegian Kroner 10.20 9.90
10. Pound Sterling 101.15 98.85
11. Singapore Dollar 48.20 47.10
12. South African Rand 6.00 5.60
13. Saudi Arabian Riyal 16.35 15.45
14. Swedish Kroner 9.25 8.95
15. Swiss Franc 67.90 66.25
16. UAE Dirham 16.70 15.80
17. US Dollar 60.10 59.10
 

 
 

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 59.25 57.80
2. Kenya Shilling 70.35 66.30
 

 
 

[F.No.468/01/2014-Cus.V]
 
 
(SATYAJIT MOHANTY)
Director (ICD)
Tele: 2309 3380