Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

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New Delhi: In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs(CBEC) No.75/2017-CUSTOMS (N.T.), dated  3rd August, 2017, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and  Customs (CBEC) 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 18th August, 2017, 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.

SCHEDULEI

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 51.30 49.50
2. Bahrain Dinar 176.45 164.80
3. Canadian Dollar 51.20 49.55
4. Chinese Yuan 9.80 9.45
5. Danish Kroner 10.35 9.95
6. EURO 76.70 74.10
7. Hong Kong Dollar 8.35 8.10
8. Kuwait Dinar 220.35 205.80
9. New Zealand Dollar 47.40 45.70
10. Norwegian Kroner 8.25 7.95
11. Pound Sterling 84.20 81.35
12. Qatari Riyal 18.10 17.10
13. Saudi Arabian Riyal 17.70 16.60
14. Singapore Dollar 47.80 46.25
15. South African Rand 5.00 4.65
16. Swedish Kroner 8.10 7.80
17. Swiss Franc 67.30 64.90
18. UAE Dirham 18.10 16.95
19. US Dollar 65.15 63.45

SCHEDULEII

                                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 59.10 57.10
2. Kenya Shilling 64.10 59.90

 

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