Eximkey - India Export Import Policy 2004 2013 Exim Policy
CUS NTF NO. 41/2014 (NT) DATE 15/05/2014

Rate of exchange of conversion of each of the foreign currency with effect from the 16th May, 2014

S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.38/2014-CUSTOMS (N.T.), dated the 1st May, 2014 vide number S.O. (E), dated the 1st May, 2014, 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 currency 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 May, 2014 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

S.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 Dollar56.5055.10
2.Bahrain Dinar162.70153.70
3.Canadian Dollar55.5554.10
4.Danish Kroner11.1510.80
5.EURO82.8080.85
6.Hong Kong Dollar7.757.60
7.Kuwait Dinar217.90205.45
8.New Zealand Dollar52.3051.00
9.Norwegian Kroner10.209.90
10.Pound Sterling101.1598.85
11.Singapore Dollar48.2047.10
12.South African Rand6.005.60
13.Saudi Arabian Riyal16.3515.45
14.Swedish Kroner9.258.95
15.Swiss Franc67.9066.25
16.UAE Dirham16.7015.80
17.US Dollar60.1059.10

SCHEDULE-II

S.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 Yen59.2557.80
2.Kenya Shilling70.3566.30

[F.No.468/01/2014-Cus.V]

(SATYAJIT MOHANTY)
Director (ICD)
Tele: 2309 3380


Presented by eximkey.com

Trade Intelligence
Search for latest information on item wise exports and imports, from all major Indian ports.

Username
Password