MINISTRY OF FINANCE - Tax Information

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Friday 13 October 2017

MINISTRY OF FINANCE

                                                            GOVERNMENT OF INDIA
                      MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.94/2017 - Customs (N.T.)



GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.94/2017 - Customs (N.T.) New Delhi, dated the 5th October, 2017 13 Asvina 1939 (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.90/2017-CUSTOMS (N.T.), dated 21st September, 2017, 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 6th October, 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 51.95 50.15 2. Bahrain Dinar 178.60 166.90 3. Canadian Dollar 53.00 51.35 4. Chinese Yuan 9.95 9.65 5. Danish Kroner 10.50 10.10 6. EURO 77.85 75.20 7. Hong Kong Dollar 8.45 8.20 8. Kuwait Dinar 223.10 208.45 9. New Zealand Dollar 47.50 45.80 10. Norwegian Kroner 8.35 8.05 11. Pound Sterling 87.75 84.85 12. Qatari Riyal 18.40 17.40 13. Saudi Arabian Riyal 17.95 16.80 14. Singapore Dollar 48.50 47.00 15. South African Rand 4.95 4.65 16. Swedish Kroner 8.20 7.90 17. Swiss Franc 68.00 65.60 18. UAE Dirham 18.35 17.15 19. US Dollar 65.95 64.30 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 58.75 56.80 2. Kenya Shilling 65.30 61.00 [F.No. 468/01/2017-Cus.V] (Dr. Sreeparvathy S.L.) Under Secretary to the Govt. of India TELE: 011-2309 5541

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