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 No.  147/2016-CUSTOMS (N.T.), dated 15th December, 2016, 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 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 06th January, 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.

SCHEDULE-I

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 50.40 48.65
2. Bahrain Dinar 186.65 174.20
3. Canadian Dollar 51.95 50.40
4. Danish Kroner 9.80 9.45
5. EURO 72.80 70.30
6. Hong Kong Dollar 8.90 8.65
7. Kuwait Dinar 229.75 215.10
8 New Zealand Dollar 48.35 46.65
9 Norwegian Kroner 8.05 7.80
10 Pound Sterling 85.15 82.40
11 Singapore Dollar 48.05 46.55
12 South African Rand 5.15 4.85
13 Saudi Arabian Riyal 18.70 17.55
14 Swedish Kroner 7.60 7.35
15 Swiss Franc 67.80 65.65
16 UAE Dirham 19.10 17.90
17 US Dollar 68.80 67.15
18 Chinese Yuan 9.95 9.65

SCHEDULE-II

  Foreign Currency Rate of exchange of 100 units of foreign No. currency equivalent to Indian rupees
(1) (2) (3)
    (a) (b)
    (For Imported
Goods)
(For Export Goods)
1. Japanese Yen 59.35 57.45
2. Kenya Shilling 67.90 63.50

[F.No. 468/01/2017-Cus.V]

(Satyajit Mohanty)
Director( ICD)
TELE: 011-2309 3380

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 1/2017 – Customs (N.T.)

New Delhi, dated the 05th January, 2017

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