CBEC notifies Exchange Rate of Foreign Currency relating to Imported and Export Goods

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The Central Board of Excise and Customs(CBEC)  has notified Exchange Rate of Foreign Currency relating to Imported and Export Goods (No.145/2016-CUSTOMS (N.T.), dated 1st December, 2016.

The notification 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 16th December, 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 CurrencyRate 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 Dollar51.3549.40
2.Bahrain Dinar186.25173.85
3.Canadian Dollar51.8550.25
4.Danish Kroner9.759.40
5.EURO72.4570.00
6.Hong Kong Dollar8.858.60
7.Kuwait Dinar229.70215.00
8.New Zealand Dollar49.1047.20
9.Norwegian Kroner8.057.75
10.Pound Sterling86.5083.75
11.Singapore Dollar47.9546.45
12.South African Rand5.004.70
13.Saudi Arabian Riyal18.7017.50
14.Swedish Kroner7.457.20
15.Swiss Franc67.5065.20
16.UAE Dirham19.1017.90
17.US Dollar68.6567.00
18.

 

Chinese Yuan9.959.60

 SCHEDULE-II

 

                        Sl.No.Foreign CurrencyRate 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 Yen58.7556.85
2.Kenya Shilling68.7064.25
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