Wednesday, 5 November 2014

Rate of exchange of conversion of each of foreign currency wef 06.11.2014

NOTIFICATION NO.101/2014-CUSTOMS (N.T.)

DATED THE 5th November, 2014 14


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.98/2014-CUSTOMS (N.T.), dated the 16th October, 2014 vide number S.O. 2658 (E), dated the 16th October, 2014, except as respects things done or omitted to be done before such super session, 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 6th November, 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)
 1Australian Dollar54.5053.00
 2Bahrain Dinar167.55158.40
 3Canadian Dollar54.5553.30
 4Danish Kroner10.5010.20
 5EURO78.0076.15
 6Hong Kong Dollar8.007.85
 7Kuwait Dinar218.05205.65
 8New Zealand Dollar48.7547.50
 9Norwegian Kroner9.108.85
 10Pound Sterling99.5097.30
 11Singapore Dollar48.2047.15
 12South African Rand5.705.40
 13Sa7udi Arabian Riyal16.8515.90
 14Swedish Kroner8.458.20
 15Swiss Franc64.8563.30
 16UAE Dirham17.2016.25
 17US Dollar61.9060.90
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)
 1Japanese Yen54.6553.40
 2Kenya Shilling70.5066.55
[F.No.468/01/201 4-Cus.V]
- See more at: http://taxguru.in/custom-duty/rate-exchange-conversion-foreign-currency-wef-06112014.html#sthash.C2YZNYtG.dpuf

Post a Comment

 
Copyright © 2014 Taxation4u | Disclimer