GOVERNMENT
OF INDIA
MINISTRY
OF FINANCE
(DEPARTMENT
OF REVENUE)
(CENTRAL
BOARD OF EXCISE AND CUSTOMS)
Notification
No. 87/2016-Customs (N.T.)
New Delhi, the
16th June, 2016
26 Jaistha, 1938
(SAKA)
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.80/2016- CUSTOMS (N.T.), dated 2nd
June, 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 17th June, 2016, 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 |
50.55 |
48.75 |
||
2. |
Bahrain
Dinar |
184.50 |
172.20 |
||
3. |
Canadian
Dollar |
52.75 |
51.15 |
||
4. |
Danish
Kroner |
10.35 |
10.00 |
||
5. |
EURO |
76.90 |
74.30 |
||
6. |
Hong
Kong Dollar |
8.75 |
8.55 |
||
7. |
Kuwait
Dinar |
230.50 |
215.70 |
||
8. |
New
Zealand Dollar |
48.50 |
46.60 |
||
9. |
Norwegian
Kroner |
8.25 |
7.95 |
||
10. |
Pound
Sterling |
96.95 |
93.90 |
||
11. |
Singapore
Dollar |
50.50 |
48.95 |
||
12. |
South
African Rand |
4.55 |
4.25 |
||
13. |
Saudi
Arabian Riyal |
18.50 |
17.35 |
||
14. |
Swedish
Kroner |
8.25 |
7.95 |
||
15. |
Swiss
Franc |
71.25 |
68.75 |
||
16. |
UAE
Dirham |
18.90 |
17.70 |
||
17. |
US
Dollar |
68.05 |
66.35 |
||
18. |
Chinese
Yuan |
10.40 |
10.05 |
||
SCHEDULE-II
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 |
65.25 |
63.10 |
||
2. |
Kenya
Shilling |
68.60 |
64.15 |
||
[F.No468/01/2016-Cus.V]
(Kshitendra
Verma)
Under Secretary
to the Govt. of India
TELE: 011-2309
5541
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